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Beng Soon Machinery Holdings Limited

1987.HK•HKSE
Industrials
Engineering & Construction
HK$0.21
HK$0.02(11.70%)
Hong Kong Market opens in 0h 36m

Beng Soon Machinery Holdings Limited (1987.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Beng Soon Machinery Holdings Limited (HKSE:1987.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

1987.HK Technical Analysis Summary

Beng Soon Machinery Holdings Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.02)
Trend Strength:Strong (ADX: 30.23)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.18 – $0.21 (Bollinger Bands)

Overall, Beng Soon Machinery Holdings Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.02

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 41.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -25.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.45

Bullish
Steady upward momentum.

Takeaway:Beng Soon Machinery Holdings Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.23

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 181.15

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Beng Soon Machinery Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.21
Middle Band (SMA 20)
$0.20
Lower Band
$0.18
Current Position
Within Bands

Takeaway:Beng Soon Machinery Holdings Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.21
Middle Line (EMA 20)
$0.20
Lower Channel
$0.19
Squeeze Status
No Squeeze

Takeaway:Beng Soon Machinery Holdings Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume4.66M
Money Flow Index52.64Neutral, balanced money flows with no clear signal.
Relative Vigor Index28.19Bearish, price momentum favors sellers.

Overall Takeaway:1987.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Beng Soon Machinery Holdings Limited, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Beng Soon Machinery Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ