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Jiangsu Innovative Ecological New Materials Limited

2116.HK Technical Analysis Summary (HKSE)

Analyze 2116.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2116.HKHKSE
Basic MaterialsChemicals - Specialty
HK$0.71
HK$0.00(0.00%)
Hong Kong Market is Open · 13:55

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2116.HK Technical Analysis Summary (HKSE)

Jiangsu Innovative Ecological New Materials Limited (HKSE: 2116.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.37)
Trend Strength:Strong (ADX: 33.84)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.69 – $0.73 (Bollinger Bands)

Technical conditions suggest Jiangsu Innovative Ecological New Materials Limited on the HKSE is awaiting a decisive move. Overall, Jiangsu Innovative Ecological New Materials Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.57

Bullish
Buying momentum building without extremes.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Jiangsu Innovative Ecological New Materials Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 33.84

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 41.77

Bullish
Bullish, momentum building upward.

Takeaway:Jiangsu Innovative Ecological New Materials Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.73
Middle Band (SMA 20)
$0.71
Lower Band
$0.69
Current Position
Within Bands

Takeaway:Jiangsu Innovative Ecological New Materials Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.74
Middle Line (EMA 20)
$0.70
Lower Channel
$0.67
Squeeze Status
Squeeze On

Takeaway:Jiangsu Innovative Ecological New Materials Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.01M
Money Flow Index25.24Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.24Bearish, price momentum favors sellers.

Overall Takeaway:2116.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Jiangsu Innovative Ecological New Materials Limited (HKSE: 2116.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Jiangsu Innovative Ecological New Materials Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2116.HK) Technical Analysis FAQ