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Mingfa Group (International) Company Limited

0846.HK Technical Analysis Summary (HKSE)

Analyze 0846.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

0846.HK●HKSE
Real EstateReal Estate - Development
HK$0.08
HK$0.003(3.75%)
Hong Kong Market opens in 13h 21m

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

0846.HK Technical Analysis Summary (HKSE)

Mingfa Group (International) Company Limited (HKSE: 0846.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: 55.67)
Trend Strength:Strong (ADX: 32.58)
Support/Resistance:$0.07 – $0.09 (Bollinger Bands)

Technical conditions suggest Mingfa Group (International) Company Limited on the HKSE is awaiting a decisive move. Overall, Mingfa Group (International) Company Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 55.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.96

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.22

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 32.58

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 122.33

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mingfa Group (International) Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.09
Middle Band (SMA 20)
$0.08
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Mingfa Group (International) Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.08
Middle Line (EMA 20)
$0.08
Lower Channel
$0.07
Squeeze Status
No Squeeze

Takeaway:Mingfa Group (International) Company Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.12M
Money Flow Index62.52Bullish, inflows support continued momentum.
Relative Vigor Index43.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:0846.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mingfa Group (International) Company Limited (HKSE: 0846.HK), 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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Mingfa Group (International) Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 0846.HK) Technical Analysis FAQ