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Meihao Medical Group Co., Ltd.

1947.HK Technical Analysis Summary (HKSE)

Analyze 1947.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1947.HK●HKSE
HealthcareMedical - Care Facilities
HK$0.54
HK$0.00(0.00%)
Hong Kong Market opens in 24h 6m

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

1947.HK Technical Analysis Summary (HKSE)

Meihao Medical Group Co., Ltd. (HKSE: 1947.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 63.30)
Trend Strength:Weak (ADX: 18.74)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.45 – $0.54 (Bollinger Bands)

Technical conditions suggest Meihao Medical Group Co., Ltd. on the HKSE is awaiting a decisive move. This mix signals that Meihao Medical Group Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.88

Bearish
Overbought levels may trigger pullback.

Williams %R: -18.18

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.09

Strongly Bullish
Strong upside momentum.

Takeaway:Meihao Medical Group Co., Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 18.74

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 119.95

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Meihao Medical Group Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.54
Middle Band (SMA 20)
$0.49
Lower Band
$0.45
Current Position
Within Bands

Takeaway:Meihao Medical Group Co., Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.54
Middle Line (EMA 20)
$0.50
Lower Channel
$0.47
Squeeze Status
No Squeeze

Takeaway:Meihao Medical Group Co., Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.03M
Money Flow Index20.61Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.13Bearish, price momentum favors sellers.

Overall Takeaway:1947.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Meihao Medical Group Co., Ltd. (HKSE: 1947.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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 Meihao Medical Group Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 1947.HK) Technical Analysis FAQ