Advertisement
Shandong Weigao Group Medical Polymer Company Limited

Shandong Weigao Group Medical Polymer Company Limited (1066.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shandong Weigao Group Medical Polymer Company Limited.

1066.HK●HKSE
HealthcareMedical - Instruments & Supplies
HK$3.35
HK$0.06(1.76%)
Hong Kong Market opens in 6h 41m
Advertisement

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

1066.HK Technical Analysis Summary

Shandong Weigao Group Medical Polymer Company Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.24)
Trend Strength:Strong (ADX: 37.99)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.34 – $3.62 (Bollinger Bands)

This mix signals that Shandong Weigao Group Medical Polymer Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.24

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 65.63

Bullish
Buying momentum building without extremes.

Williams %R: -21.88

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.13

Bearish
Selling pressure outweighs buying.

Takeaway:Shandong Weigao Group Medical Polymer Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.99

Strong
Strong trend, momentum well established.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 10.30

Neutral
Neutral, no strong directional signal.

Takeaway:Shandong Weigao Group Medical Polymer Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.62
Middle Band (SMA 20)
$3.48
Lower Band
$3.34
Current Position
Within Bands

Takeaway:Shandong Weigao Group Medical Polymer Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.74
Middle Line (EMA 20)
$3.49
Lower Channel
$3.24
Squeeze Status
Squeeze On

Takeaway:Shandong Weigao Group Medical Polymer Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume40.84M
Money Flow Index70.96Bullish, inflows support continued momentum.
Relative Vigor Index54.27Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:1066.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shandong Weigao Group Medical Polymer Company Limited, 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

No significant bearish signals detected.

Overall Recommendation:Shandong Weigao Group Medical Polymer Company Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ