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SouthGobi Resources Ltd.

1878.HK•HKSE
Energy
Coal
HK$2.04
HK$0.02(0.99%)
Hong Kong Market opens in 38h 52m

SouthGobi Resources Ltd. (1878.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for SouthGobi Resources Ltd. (HKSE:1878.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

1878.HK Technical Analysis Summary

SouthGobi Resources Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.81)
Trend Strength:Moderate (ADX: 29.79)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$1.93 – $2.09 (Bollinger Bands)

Technical conditions suggest SouthGobi Resources Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.36

Bullish
Buying momentum building without extremes.

Williams %R: -18.75

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.97

Neutral
Price change is minimal.

Takeaway:SouthGobi Resources Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.79

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 58.16

Bullish
Bullish, momentum building upward.

Takeaway:SouthGobi Resources Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.09
Middle Band (SMA 20)
$2.01
Lower Band
$1.93
Current Position
Within Bands

Takeaway:SouthGobi Resources Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.19
Middle Line (EMA 20)
$2.01
Lower Channel
$1.84
Squeeze Status
Squeeze On

Takeaway:SouthGobi Resources Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.01M
Money Flow Index53.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.80Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:1878.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of SouthGobi Resources Ltd., 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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for SouthGobi Resources Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ