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Tongda Group Holdings Limited

Tongda Group Holdings Limited (0698.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Tongda Group Holdings Limited.

0698.HK●HKSE
TechnologyHardware, Equipment & Parts
HK$2.29
HK$0.00(0.00%)
Hong Kong Market opens in 45h 57m
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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

Tongda Group Holdings Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 22.03)
Trend Strength:Very Strong (ADX: 59.50)
Volatility:High (ATR: 1.47)
Support/Resistance:$2.08 – $2.97 (Bollinger Bands)

Technical conditions suggest Tongda Group Holdings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 22.03

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 17.43

Bullish
Oversold zone signals rebound potential.

Williams %R: -78.85

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -17.92

Strongly Bearish
Sharp downside momentum.

Takeaway:Tongda Group Holdings Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -6.81

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 59.50

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.47

Low
Low volatility, stable price action.

CCI (14): -58.33

Bearish
Bearish, momentum remains under pressure.

Takeaway:Tongda Group Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.97
Middle Band (SMA 20)
$2.52
Lower Band
$2.08
Current Position
Within Bands

Takeaway:Tongda Group Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$10.77
Middle Line (EMA 20)
$7.83
Lower Channel
$4.90
Squeeze Status
Squeeze On

Takeaway:Tongda Group Holdings Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-1.92M
Money Flow Index14.45Bullish, oversold conditions signal rebound potential.
Relative Vigor Index49.20Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0698.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Tongda Group Holdings Limited, 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:Tongda Group Holdings Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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