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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.HK●HKSE
Basic MaterialsChemicals - Specialty
HK$0.76
HK$0.005(0.65%)
Hong Kong Market opens in 47h 49m

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

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:Bullish (RSI: 65.19)
Trend Strength:Weak (ADX: 19.98)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.69 – $0.77 (Bollinger Bands)

Technical conditions suggest Jiangsu Innovative Ecological New Materials Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Jiangsu Innovative Ecological New Materials Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.19

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 97.22

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.75

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.98

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 152.87

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Jiangsu Innovative Ecological New Materials Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.77
Middle Band (SMA 20)
$0.73
Lower Band
$0.69
Current Position
Within Bands

Takeaway:Jiangsu Innovative Ecological New Materials Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.76
Middle Line (EMA 20)
$0.73
Lower Channel
$0.70
Squeeze Status
No Squeeze

Takeaway:Jiangsu Innovative Ecological New Materials Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-368.00K
Money Flow Index55.94Neutral, balanced money flows with no clear signal.
Relative Vigor Index36.07Bearish, price momentum favors sellers.

Overall Takeaway:2116.HK shows mixed signals in money flow analysis.

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.

MACD above 0 → bullish trend confirmation.

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 Jiangsu Innovative Ecological New Materials Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2116.HK) Technical Analysis FAQ