Meyka Pro banner
Powerlong Real Estate Holdings Limited

1238.HK Technical Analysis Summary (HKSE)

Analyze 1238.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1238.HKHKSE
Real EstateReal Estate - Development
HK$0.17
HK$0.002(1.22%)
Hong Kong Market opens in 13h 20m

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

1238.HK Technical Analysis Summary (HKSE)

Powerlong Real Estate Holdings Limited (HKSE: 1238.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.15)
Trend Strength:Moderate (ADX: 26.24)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.15 – $0.19 (Bollinger Bands)

Technical conditions suggest Powerlong Real Estate Holdings Limited on the HKSE is awaiting a decisive move. This mix signals that Powerlong Real Estate Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -61.54

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -12.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Powerlong Real Estate Holdings Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.24

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -37.89

Bearish
Bearish, momentum remains under pressure.

Takeaway:Powerlong Real Estate Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.19
Middle Band (SMA 20)
$0.17
Lower Band
$0.15
Current Position
Within Bands

Takeaway:Powerlong Real Estate Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.17
Lower Channel
$0.15
Squeeze Status
No Squeeze

Takeaway:Powerlong Real Estate Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.54M
Money Flow Index9.02Bullish, oversold conditions signal rebound potential.
Relative Vigor Index40.25Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1238.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Powerlong Real Estate Holdings Limited (HKSE: 1238.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:Powerlong Real Estate Holdings Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 1238.HK) Technical Analysis FAQ