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Industrial and Commercial Bank of China Limited

1398.HK Technical Analysis Summary (HKSE)

Analyze 1398.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1398.HK●HKSE
Financial ServicesBanks - Diversified
HK$7.50
HK$0.02(0.27%)
Hong Kong Market opens in 1h 11m

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

1398.HK Technical Analysis Summary (HKSE)

Industrial and Commercial Bank of China Limited (HKSE: 1398.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.36)
Trend Strength:Weak (ADX: 19.52)
Volatility:Medium (ATR: 0.16)
Support/Resistance:$7.40 – $7.71 (Bollinger Bands)

Technical conditions suggest Industrial and Commercial Bank of China Limited on the HKSE is awaiting a decisive move. Overall, Industrial and Commercial Bank of China Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.36

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.22

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.05

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.92

Neutral
Price change is minimal.

Takeaway:Industrial and Commercial Bank of China Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.52

Weak
Weak trend, market trading sideways.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): -90.30

Bearish
Bearish, momentum remains under pressure.

Takeaway:Industrial and Commercial Bank of China Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.71
Middle Band (SMA 20)
$7.55
Lower Band
$7.40
Current Position
Within Bands

Takeaway:Industrial and Commercial Bank of China Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$7.83
Middle Line (EMA 20)
$7.51
Lower Channel
$7.20
Squeeze Status
Squeeze On

Takeaway:Industrial and Commercial Bank of China Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume525.66M
Money Flow Index66.32Bullish, inflows support continued momentum.
Relative Vigor Index42.04Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1398.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Industrial and Commercial Bank of China Limited (HKSE: 1398.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Industrial and Commercial Bank of China Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(HKSE: 1398.HK) Technical Analysis FAQ