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Tan Chong International Limited

0693.HK Technical Analysis Summary (HKSE)

Analyze 0693.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0693.HKHKSE
Consumer CyclicalAuto - Dealerships
HK$1.55
HK$0.05(3.13%)
Hong Kong Market is Open · 13:55

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

0693.HK Technical Analysis Summary (HKSE)

Tan Chong International Limited (HKSE: 0693.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 28.26)
Trend Strength:Strong (ADX: 35.69)
Volatility:Low (ATR: 0.02)
Support/Resistance:$1.55 – $1.65 (Bollinger Bands)

Technical conditions suggest Tan Chong International Limited on the HKSE is awaiting a decisive move. Overall, Tan Chong International Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 28.26

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 53.33

Neutral
Mid-range signal with no clear trend.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.73

Bearish
Selling pressure outweighs buying.

Takeaway:Tan Chong International Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.69

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -163.96

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Tan Chong International Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.65
Middle Band (SMA 20)
$1.60
Lower Band
$1.55
Current Position
Within Bands

Takeaway:Tan Chong International Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1.63
Middle Line (EMA 20)
$1.60
Lower Channel
$1.57
Squeeze Status
No Squeeze

Takeaway:Tan Chong International Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume156.00K
Money Flow Index0.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index9.13Bearish, price momentum favors sellers.

Overall Takeaway:0693.HK shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Tan Chong International Limited (HKSE: 0693.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Tan Chong International Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0693.HK) Technical Analysis FAQ