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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$1.83
HK$0.03(1.67%)
Hong Kong Market opens in 15h 12m

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 bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.96)
Trend Strength:Strong (ADX: 33.78)
Volatility:High (ATR: 0.10)
Support/Resistance:$1.64 – $2.39 (Bollinger Bands)

Technical conditions suggest Tongda Group Holdings Limited on the HKSE is awaiting a decisive move. This mix signals that Tongda Group Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.96

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 20.07

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.95

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.29

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.78

Strong
Strong trend, momentum well established.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -146.30

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.39
Middle Band (SMA 20)
$2.02
Lower Band
$1.64
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.21
Middle Line (EMA 20)
$2.01
Lower Channel
$1.81
Squeeze Status
No Squeeze

Takeaway:Tongda Group Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume58.63K
Money Flow Index4.13Bullish, oversold conditions signal rebound potential.
Relative Vigor Index29.74Bearish, price momentum favors sellers.

Overall Takeaway:0698.HK shows oversold money flow, with rebound potential building.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

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.

(HKSE: 0698.HK) Technical Analysis FAQ