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Shengrong Holding Ltd

0834.HK Technical Analysis Summary (HKSE)

Analyze 0834.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0834.HK●HKSE
Consumer DefensivePackaged Foods
HK$0.25
HK$0.001(0.40%)
Hong Kong Market opens in 3h 40m

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

0834.HK Technical Analysis Summary (HKSE)

Shengrong Holding Ltd (HKSE: 0834.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.14)
Trend Strength:Moderate (ADX: 22.98)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.23 – $0.31 (Bollinger Bands)

Technical conditions suggest Shengrong Holding Ltd on the HKSE is awaiting a decisive move. Overall, Shengrong Holding Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.42

Bearish
Momentum remains weak below midpoint.

Williams %R: -83.02

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -15.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Shengrong Holding Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.98

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -49.29

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shengrong Holding Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.31
Middle Band (SMA 20)
$0.27
Lower Band
$0.23
Current Position
Within Bands

Takeaway:Shengrong Holding Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.29
Middle Line (EMA 20)
$0.26
Lower Channel
$0.24
Squeeze Status
No Squeeze

Takeaway:Shengrong Holding Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.26M
Money Flow Index58.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index16.95Bearish, price momentum favors sellers.

Overall Takeaway:0834.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Shengrong Holding Ltd (HKSE: 0834.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:Shengrong Holding Ltd shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 0834.HK) Technical Analysis FAQ