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Nexteer Automotive Group Limited

1316.HK Technical Analysis Summary (HKSE)

Analyze 1316.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1316.HKHKSE
Consumer CyclicalAuto - Parts
HK$5.28
HK$0.01(0.19%)
Hong Kong Market opens in 6h 8m

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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

1316.HK Technical Analysis Summary (HKSE)

Nexteer Automotive Group Limited (HKSE: 1316.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.95)
Trend Strength:Very Strong (ADX: 45.77)
Volatility:Medium (ATR: 0.22)
Support/Resistance:$3.80 – $5.51 (Bollinger Bands)

Technical conditions suggest Nexteer Automotive Group Limited on the HKSE is awaiting a decisive move. Overall, Nexteer Automotive Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 65.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 79.21

Bullish
Buying momentum building without extremes.

Williams %R: -29.73

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 17.24

Strongly Bullish
Strong upside momentum.

Takeaway:Nexteer Automotive Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.28

Bullish
Bullish, trend momentum is strengthening.

ADX: 45.77

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): 59.52

Bullish
Bullish, momentum building upward.

Takeaway:Nexteer Automotive Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.51
Middle Band (SMA 20)
$4.66
Lower Band
$3.80
Current Position
Within Bands

Takeaway:Nexteer Automotive Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.20
Middle Line (EMA 20)
$4.76
Lower Channel
$4.31
Squeeze Status
No Squeeze

Takeaway:Nexteer Automotive Group Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume37.38M
Money Flow Index60.41Bullish, inflows support continued momentum.
Relative Vigor Index63.13Bullish, price momentum strongly favors buyers.

Overall Takeaway:1316.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Nexteer Automotive Group Limited (HKSE: 1316.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

No significant bearish signals detected.

Overall Recommendation:Nexteer Automotive Group Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(HKSE: 1316.HK) Technical Analysis FAQ