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Simcere Pharmaceutical Group Limited

2096.HK Technical Analysis Summary (HKSE)

Analyze 2096.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2096.HK●HKSE
HealthcareMedical - Pharmaceuticals
HK$11.10
HK$0.41(3.56%)
Hong Kong Market is Open · 12:59

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

2096.HK Technical Analysis Summary (HKSE)

Simcere Pharmaceutical Group Limited (HKSE: 2096.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 34.27)
Trend Strength:Weak (ADX: 18.62)
Volatility:Medium (ATR: 0.46)
Support/Resistance:$11.38 – $12.74 (Bollinger Bands)

Technical conditions suggest Simcere Pharmaceutical Group Limited on the HKSE is awaiting a decisive move. Overall, Simcere Pharmaceutical Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 34.27

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.53

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.06

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.50

Strongly Bearish
Sharp downside momentum.

Takeaway:Simcere Pharmaceutical Group Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.62

Weak
Weak trend, market trading sideways.

ATR (14): 0.46

Low
Low volatility, stable price action.

CCI (14): -134.00

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Simcere Pharmaceutical Group Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.74
Middle Band (SMA 20)
$12.06
Lower Band
$11.38
Current Position
Below Lower Band

Takeaway:Simcere Pharmaceutical Group Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$12.88
Middle Line (EMA 20)
$11.96
Lower Channel
$11.03
Squeeze Status
Squeeze On

Takeaway:Simcere Pharmaceutical Group Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume45.57M
Money Flow Index36.57Bearish, selling pressure outweighs inflows.
Relative Vigor Index26.65Bearish, price momentum favors sellers.

Overall Takeaway:2096.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Simcere Pharmaceutical Group Limited (HKSE: 2096.HK), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Simcere Pharmaceutical Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2096.HK) Technical Analysis FAQ