Meyka Pro banner
CNQC International Holdings Limited

1240.HK Technical Analysis Summary (HKSE)

Analyze 1240.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1240.HK●HKSE
IndustrialsEngineering & Construction
HK$0.17
HK$0.01(6.18%)
Hong Kong Market opens in 15h 33m

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

1240.HK Technical Analysis Summary (HKSE)

CNQC International Holdings Limited (HKSE: 1240.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 24.86)
Trend Strength:Very Strong (ADX: 75.67)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.17 – $0.19 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 24.86

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 73.06

Bullish
Buying momentum building without extremes.

Williams %R: -32.61

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -7.22

Strongly Bearish
Sharp downside momentum.

Takeaway:CNQC International Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 75.67

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -179.17

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:CNQC International Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.19
Middle Band (SMA 20)
$0.18
Lower Band
$0.17
Current Position
Below Lower Band

Takeaway:CNQC International Holdings Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.21
Middle Line (EMA 20)
$0.18
Lower Channel
$0.14
Squeeze Status
Squeeze On

Takeaway:CNQC International Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-250.00K
Money Flow Index0.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index13.10Bearish, price momentum favors sellers.

Overall Takeaway:1240.HK shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of CNQC International Holdings Limited (HKSE: 1240.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 CNQC International Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 1240.HK) Technical Analysis FAQ