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Tongda Group Holdings Limited

0698.HK Technical Analysis Summary (HKSE)

Analyze 0698.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0698.HK●HKSE
TechnologyHardware, Equipment & Parts
HK$2.45
HK$0.05(2.08%)
Hong Kong Market opens in 0h 50m

Disclaimer for Technical Analysis Page

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

0698.HK Technical Analysis Summary (HKSE)

Tongda Group Holdings Limited (HKSE: 0698.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.46)
Trend Strength:Weak (ADX: 17.30)
Volatility:High (ATR: 0.13)
Support/Resistance:$2.13 – $2.58 (Bollinger Bands)

Technical conditions suggest Tongda Group Holdings Limited on the HKSE is awaiting a decisive move. Overall, Tongda Group Holdings Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.08

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.59

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.38

Bullish
Steady upward momentum.

Takeaway:Tongda Group Holdings Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.30

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 39.48

Bullish
Bullish, momentum building upward.

Takeaway:Tongda Group Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.58
Middle Band (SMA 20)
$2.36
Lower Band
$2.13
Current Position
Within Bands

Takeaway:Tongda Group Holdings Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.61
Middle Line (EMA 20)
$2.36
Lower Channel
$2.10
Squeeze Status
Squeeze On

Takeaway:Tongda Group Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-520.07K
Money Flow Index80.62Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index60.02Bullish, price momentum strongly favors buyers.

Overall Takeaway:0698.HK shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Tongda Group Holdings Limited (HKSE: 0698.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Tongda Group Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 0698.HK) Technical Analysis FAQ