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Beng Soon Machinery Holdings Limited

1987.HK Technical Analysis Summary (HKSE)

Analyze 1987.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

1987.HK●HKSE
IndustrialsEngineering & Construction
HK$0.24
HK$0.01(3.92%)
Hong Kong Market opens in 15h 33m

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 (HKSE)

Beng Soon Machinery Holdings Limited (HKSE: 1987.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.09)
Trend Strength:Very Strong (ADX: 43.44)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.20 – $0.28 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 61.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.31

Neutral
Mid-range signal with no clear trend.

Williams %R: -52.08

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.51

Strongly Bullish
Strong upside momentum.

Takeaway:Beng Soon Machinery Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.44

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 31.85

Bullish
Bullish, momentum building upward.

Takeaway:Beng Soon Machinery Holdings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.28
Middle Band (SMA 20)
$0.24
Lower Band
$0.20
Current Position
Within Bands

Takeaway:Beng Soon Machinery Holdings Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.26
Middle Line (EMA 20)
$0.24
Lower Channel
$0.23
Squeeze Status
No Squeeze

Takeaway:Beng Soon Machinery Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.06M
Money Flow Index95.58Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index25.55Bearish, 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 (HKSE: 1987.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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Beng Soon Machinery Holdings Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(HKSE: 1987.HK) Technical Analysis FAQ