Advertisement
Redco Properties Group Limited

Redco Properties Group Limited (1622.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Redco Properties Group Limited.

1622.HKHKSE
Real EstateReal Estate - Development
HK$0.21
HK$0.006(2.73%)
Hong Kong Market opens in 17h 10m
Advertisement

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

1622.HK Technical Analysis Summary

Redco Properties Group Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.24)
Trend Strength:Moderate (ADX: 28.58)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.15 – $0.24 (Bollinger Bands)

Overall, Redco Properties Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.00

Bullish
Buying momentum building without extremes.

Williams %R: -36.84

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 32.92

Strongly Bullish
Strong upside momentum.

Takeaway:Redco Properties Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 67.58

Bullish
Bullish, momentum building upward.

Takeaway:Redco Properties Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.19
Lower Band
$0.15
Current Position
Within Bands

Takeaway:Redco Properties Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.23
Middle Line (EMA 20)
$0.19
Lower Channel
$0.16
Squeeze Status
No Squeeze

Takeaway:Redco Properties Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume23.54M
Money Flow Index96.58Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index40.82Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1622.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Redco Properties Group Limited, 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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Redco Properties Group Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ