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Shineroad International Holdings Limited

1587.HK•HKSE
Consumer Defensive
Food Distribution
HK$0.60
HK$0.01(1.69%)
Hong Kong Market is Open • 09:36

Shineroad International Holdings Limited (1587.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shineroad International Holdings Limited (HKSE:1587.HK).

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

1587.HK Technical Analysis Summary

Shineroad International Holdings Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.58)
Trend Strength:Very Strong (ADX: 100.00)
Volatility:Low (ATR: 0.01)
Support/Resistance:$0.58 – $0.60 (Bollinger Bands)

This mix signals caution, with Shineroad International Holdings Limited approaching overbought levels and risk of pullback.

Momentum Indicators

RSI (14): 34.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 93.33

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.72

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 100.00

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 38.89

Bullish
Bullish, momentum building upward.

Takeaway:Shineroad International Holdings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.60
Middle Band (SMA 20)
$0.59
Lower Band
$0.58
Current Position
Within Bands

Takeaway:Shineroad International Holdings Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.61
Middle Line (EMA 20)
$0.59
Lower Channel
$0.57
Squeeze Status
Squeeze On

Takeaway:Shineroad International Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume80.00K
Money Flow Index0.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index7.04Bearish, price momentum favors sellers.

Overall Takeaway:1587.HK shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Shineroad International Holdings Limited, here are the key trading signals and recommendations:

Bullish Signals

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

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shineroad International Holdings Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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