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Metallurgical Corporation of China Ltd.

1618.HK Technical Analysis Summary (HKSE)

Analyze 1618.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1618.HK●HKSE
IndustrialsEngineering & Construction
HK$1.33
HK$0.03(2.21%)
Hong Kong Market opens in 15h 33m

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

1618.HK Technical Analysis Summary (HKSE)

Metallurgical Corporation of China Ltd. (HKSE: 1618.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.30)
Trend Strength:Moderate (ADX: 24.01)
Volatility:Medium (ATR: 0.03)
Support/Resistance:$1.23 – $1.40 (Bollinger Bands)

Technical conditions suggest Metallurgical Corporation of China Ltd. on the HKSE is awaiting a decisive move. This mix signals that Metallurgical Corporation of China Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.92

Bullish
Buying momentum building without extremes.

Williams %R: -31.25

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 6.30

Strongly Bullish
Strong upside momentum.

Takeaway:Metallurgical Corporation of China Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 46.91

Bullish
Bullish, momentum building upward.

Takeaway:Metallurgical Corporation of China Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.40
Middle Band (SMA 20)
$1.32
Lower Band
$1.23
Current Position
Within Bands

Takeaway:Metallurgical Corporation of China Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.40
Middle Line (EMA 20)
$1.33
Lower Channel
$1.27
Squeeze Status
No Squeeze

Takeaway:Metallurgical Corporation of China Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume72.82M
Money Flow Index61.65Bullish, inflows support continued momentum.
Relative Vigor Index35.08Bearish, price momentum favors sellers.

Overall Takeaway:1618.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Metallurgical Corporation of China Ltd. (HKSE: 1618.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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Metallurgical Corporation of China Ltd. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(HKSE: 1618.HK) Technical Analysis FAQ