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Wenzhou Kangning Hospital Co., Ltd.

2120.HK Technical Analysis Summary (HKSE)

Analyze 2120.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2120.HK●HKSE
HealthcareMedical - Care Facilities
HK$7.90
HK$0.70(9.72%)
Hong Kong Market opens in 7h 28m

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

2120.HK Technical Analysis Summary (HKSE)

Wenzhou Kangning Hospital Co., Ltd. (HKSE: 2120.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.28)
Trend Strength:Very Strong (ADX: 45.69)
Volatility:Medium (ATR: 0.17)
Support/Resistance:$6.75 – $7.87 (Bollinger Bands)

Technical conditions suggest Wenzhou Kangning Hospital Co., Ltd. on the HKSE is awaiting a decisive move. This mix signals that Wenzhou Kangning Hospital Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 61.28

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 41.27

Neutral
Mid-range signal with no clear trend.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.86

Strongly Bullish
Strong upside momentum.

Takeaway:Wenzhou Kangning Hospital Co., Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 45.69

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): 297.49

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Wenzhou Kangning Hospital Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.87
Middle Band (SMA 20)
$7.31
Lower Band
$6.75
Current Position
Above Upper Band

Takeaway:Wenzhou Kangning Hospital Co., Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$7.79
Middle Line (EMA 20)
$7.45
Lower Channel
$7.11
Squeeze Status
No Squeeze

Takeaway:Wenzhou Kangning Hospital Co., Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-42.20K
Money Flow Index100.00Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index41.13Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:2120.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Wenzhou Kangning Hospital Co., Ltd. (HKSE: 2120.HK), 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.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Wenzhou Kangning Hospital Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2120.HK) Technical Analysis FAQ