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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$0.001(1.20%)
Hong Kong Market opens in 32h 1m

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 Bearish (RSI: 45.88)
Trend Strength:Strong (ADX: 36.01)
Support/Resistance:$0.08 – $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): 45.88

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 42.11

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.89

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.35

Bearish
Selling pressure outweighs buying.

Takeaway:Mingfa Group (International) Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 36.01

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -3.88

Neutral
Neutral, no strong directional signal.

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
$0.08
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.09
Middle Line (EMA 20)
$0.08
Lower Channel
$0.08
Squeeze Status
No Squeeze

Takeaway:Mingfa Group (International) Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume224.00K
Money Flow Index1.80Bullish, oversold conditions signal rebound potential.
Relative Vigor Index18.75Bearish, price momentum favors sellers.

Overall Takeaway:0846.HK shows oversold money flow, with rebound potential building.

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

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