Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Wecon Holdings Limited

Wecon Holdings Limited (1793.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Wecon Holdings Limited.

1793.HK●HKSE
IndustrialsEngineering & Construction
HK$0.38
HK$0.02(5.000%)
Hong Kong Market is Open · 13:26

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

1793.HK Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.32)
Trend Strength:Very Strong (ADX: 54.56)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.32 – $0.45 (Bollinger Bands)

Technical conditions suggest Wecon Holdings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 43.11

Neutral
Mid-range signal with no clear trend.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.63

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 54.56

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -70.96

Bearish
Bearish, momentum remains under pressure.

Takeaway:Wecon Holdings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.45
Middle Band (SMA 20)
$0.39
Lower Band
$0.32
Current Position
Within Bands

Takeaway:Wecon Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.44
Middle Line (EMA 20)
$0.38
Lower Channel
$0.32
Squeeze Status
No Squeeze

Takeaway:Wecon Holdings Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume34.27M
Money Flow Index47.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index32.70Bearish, price momentum favors sellers.

Overall Takeaway:1793.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Wecon Holdings 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.

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

Technical Analysis FAQ