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Enterprise Development Holdings Limited

1808.HK Technical Analysis Summary (HKSE)

Analyze 1808.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1808.HK●HKSE
TechnologySoftware - Application
HK$1.45
HK$0.04(2.68%)
Hong Kong Market is Open · 13:54

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1808.HK Technical Analysis Summary (HKSE)

Enterprise Development Holdings Limited (HKSE: 1808.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.34)
Trend Strength:Moderate (ADX: 25.05)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.48 – $1.98 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 32.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 4.15

Bullish
Oversold zone signals rebound potential.

Williams %R: -97.56

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.67

Strongly Bearish
Sharp downside momentum.

Takeaway:Enterprise Development Holdings Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.05

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -121.53

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Enterprise Development Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.98
Middle Band (SMA 20)
$1.73
Lower Band
$1.48
Current Position
Below Lower Band

Takeaway:Enterprise Development Holdings Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1.91
Middle Line (EMA 20)
$1.73
Lower Channel
$1.55
Squeeze Status
No Squeeze

Takeaway:Enterprise Development Holdings Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-131.19K
Money Flow Index40.04Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.41Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1808.HK shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Enterprise Development Holdings Limited (HKSE: 1808.HK), here are the key trading signals and recommendations:

Bullish Signals

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:Enterprise Development Holdings Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(HKSE: 1808.HK) Technical Analysis FAQ