Is Fortune Real Estate Investment Trust stock a buy or sell right now?

Fortune Real Estate Investment Trust currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Fortune Real Estate Investment Trust’s RSI?

RSI is 52.08, showing balanced momentum within the normal range.

What does MACD indicate for 0778.HK?

MACD at -0.03 shows bearish pressure, with downside momentum building.

What are Fortune Real Estate Investment Trust’s key support and resistance levels?

Support sits around $4.67, while resistance is near $4.93.

Fortune Real Estate Investment Trust

0778.HK•HKSE

Real Estate

REIT - Retail

HK$4.86

HK$0.04(0.83%)

Hong Kong Market opens in 5h 58m

Fortune Real Estate Investment Trust (0778.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Fortune Real Estate Investment Trust (HKSE:0778.HK).

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

0778.HK Technical Analysis Summary

Fortune Real Estate Investment Trust stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 52.08)

Trend Strength:Moderate (ADX: 24.10)

Volatility:Low (ATR: 0.08)

Support/Resistance:$4.67 – $4.93 (Bollinger Bands)

This mix signals that Fortune Real Estate Investment Trust is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.08

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 57.14

Neutral

Mid-range signal with no clear trend.

Williams %R: -7.14

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 1.45

Bullish

Steady upward momentum.

Takeaway:Fortune Real Estate Investment Trust shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.03

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 24.10

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.08

Low

Low volatility, stable price action.

CCI (14): 150.48

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Fortune Real Estate Investment Trust shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$4.93

Middle Band (SMA 20)

$4.80

Lower Band

$4.67

Current Position

Within Bands

Takeaway:Fortune Real Estate Investment Trust trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$5.00

Middle Line (EMA 20)

$4.85

Lower Channel

$4.70

Squeeze Status

Squeeze On

Takeaway:Fortune Real Estate Investment Trust trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume-4.85M

Money Flow Index49.46Neutral, balanced money flows with no clear signal.

Relative Vigor Index50.56Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:0778.HK shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary

Based on the current technical analysis of Fortune Real Estate Investment Trust, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Fortune Real Estate Investment Trust are mixed, suggesting a Hold or wait-and-see approach.