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China Development Bank Financial Leasing Co., Ltd.

China Development Bank Financial Leasing Co., Ltd. (1606.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for China Development Bank Financial Leasing Co., Ltd..

1606.HK●HKSE
Financial ServicesFinancial - Credit Services
HK$1.51
HK$0.01(0.66%)
Hong Kong Market opens in NaNh NaNm
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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

1606.HK Technical Analysis Summary

China Development Bank Financial Leasing Co., Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.23)
Trend Strength:Moderate (ADX: 23.60)
Volatility:Low (ATR: 0.03)
Support/Resistance:$1.51 – $1.61 (Bollinger Bands)

This mix signals that China Development Bank Financial Leasing Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.23

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.07

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.16

Bearish
Selling pressure outweighs buying.

Takeaway:China Development Bank Financial Leasing Co., Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.60

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -109.74

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:China Development Bank Financial Leasing Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.61
Middle Band (SMA 20)
$1.56
Lower Band
$1.51
Current Position
Within Bands

Takeaway:China Development Bank Financial Leasing Co., Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1.62
Middle Line (EMA 20)
$1.55
Lower Channel
$1.49
Squeeze Status
Squeeze On

Takeaway:China Development Bank Financial Leasing Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume22.90M
Money Flow Index30.38Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.68Bearish, price momentum favors sellers.

Overall Takeaway:1606.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of China Development Bank Financial Leasing Co., Ltd., 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:China Development Bank Financial Leasing Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ