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Redsun Services Group Limited

1971.HK Technical Analysis Summary (HKSE)

Analyze 1971.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1971.HK●HKSE
Real EstateReal Estate - Services
HK$0.34
HK$0.01(3.03%)
Hong Kong Market opens in 41h 35m

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

1971.HK Technical Analysis Summary (HKSE)

Redsun Services Group Limited (HKSE: 1971.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.04)
Trend Strength:Very Strong (ADX: 41.41)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.29 – $0.36 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.19

Bullish
Buying momentum building without extremes.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 13.33

Strongly Bullish
Strong upside momentum.

Takeaway:Redsun Services Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.41

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 30.13

Bullish
Bullish, momentum building upward.

Takeaway:Redsun Services Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.36
Middle Band (SMA 20)
$0.32
Lower Band
$0.29
Current Position
Within Bands

Takeaway:Redsun Services Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.36
Middle Line (EMA 20)
$0.33
Lower Channel
$0.30
Squeeze Status
No Squeeze

Takeaway:Redsun Services Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume65.00K
Money Flow Index45.50Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.54Bearish, price momentum favors sellers.

Overall Takeaway:1971.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Redsun Services Group Limited (HKSE: 1971.HK), 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.

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 Redsun Services Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 1971.HK) Technical Analysis FAQ