Meyka Pro banner
Nanfang Communication Holdings Limited

1617.HK Technical Analysis Summary (HKSE)

Analyze 1617.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1617.HKHKSE
TechnologyCommunication Equipment
HK$0.28
HK$0.02(7.69%)
Hong Kong Market is Open · 12:46

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

1617.HK Technical Analysis Summary (HKSE)

Nanfang Communication Holdings Limited (HKSE: 1617.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.20)
Trend Strength:Weak (ADX: 15.91)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.20 – $0.36 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.01

Bullish
Oversold zone signals rebound potential.

Williams %R: -73.94

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 9.80

Strongly Bullish
Strong upside momentum.

Takeaway:Nanfang Communication Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.91

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -55.00

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nanfang Communication Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.36
Middle Band (SMA 20)
$0.28
Lower Band
$0.20
Current Position
Within Bands

Takeaway:Nanfang Communication Holdings Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.37
Middle Line (EMA 20)
$0.30
Lower Channel
$0.22
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-114.68M
Money Flow Index47.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.20Bearish, price momentum favors sellers.

Overall Takeaway:1617.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nanfang Communication Holdings Limited (HKSE: 1617.HK), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nanfang Communication Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 1617.HK) Technical Analysis FAQ