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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$0.09
HK$0.00(0.00%)
Hong Kong Market opens in 18h 19m

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: 43.15)
Trend Strength:Very Strong (ADX: 43.44)
Support/Resistance:$0.08 – $0.09 (Bollinger Bands)

Technical conditions suggest Mingfa Group (International) Company Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Mingfa Group (International) Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 57.14

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.86

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.49

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: 43.44

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -50.31

Bearish
Bearish, momentum remains under pressure.

Takeaway:Mingfa Group (International) Company Limited shows weakening trend signals, with bearish pressure building.

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

Takeaway:Mingfa Group (International) Company Limited trades closer to support, showing weaker momentum within bands.

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

Takeaway:Mingfa Group (International) Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.17M
Money Flow Index26.73Bearish, selling pressure outweighs inflows.
Relative Vigor Index11.19Bearish, price momentum favors sellers.

Overall Takeaway:0846.HK shows bearish money flow, with sellers dominating volume and vigor.

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.

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