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Dongguang Chemical Limited

1702.HKHKSE
HK$1.99
HK$0.31(18.45%)
Hong Kong Market opens in 4h 58m

Dongguang Chemical Limited (1702.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Dongguang Chemical Limited (HKSE:1702.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

1702.HK Technical Analysis Summary

Dongguang Chemical Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.80)
Trend Strength:Very Strong (ADX: 67.38)
Volatility:Medium (ATR: 0.08)
Support/Resistance:$1.47 – $2.03 (Bollinger Bands)

Technical conditions suggest Dongguang Chemical Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.80

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.39

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 19.88

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 67.38

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 217.54

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Dongguang Chemical Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.03
Middle Band (SMA 20)
$1.75
Lower Band
$1.47
Current Position
Within Bands

Takeaway:Dongguang Chemical Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.93
Middle Line (EMA 20)
$1.77
Lower Channel
$1.61
Squeeze Status
No Squeeze

Takeaway:Dongguang Chemical Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume8.00K
Money Flow Index60.62Bullish, inflows support continued momentum.
Relative Vigor Index22.49Bearish, price momentum favors sellers.

Overall Takeaway:1702.HK shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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:Technical indicators for Dongguang Chemical Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ