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Shanghai Fosun Pharmaceutical (Group) Co., Ltd.

2196.HK•HKSE
Healthcare
Drug Manufacturers - Specialty & Generic
HK$19.65
HK$-0.06(-0.30%)
Hong Kong Market opens in 16h 43m

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (2196.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (HKSE:2196.HK).

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

2196.HK Technical Analysis Summary

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.70)
Trend Strength:Weak (ADX: 14.69)
Volatility:Medium (ATR: 0.63)
Support/Resistance:$19.45 – $20.72 (Bollinger Bands)

Overall, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.70

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.49

Bearish
Momentum remains weak below midpoint.

Williams %R: -59.42

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.09

Bearish
Selling pressure outweighs buying.

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.69

Weak
Weak trend, market trading sideways.

ATR (14): 0.63

Low
Low volatility, stable price action.

CCI (14): -48.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.72
Middle Band (SMA 20)
$20.09
Lower Band
$19.45
Current Position
Within Bands

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$21.20
Middle Line (EMA 20)
$19.95
Lower Channel
$18.70
Squeeze Status
Squeeze On

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.62M
Money Flow Index50.14Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.39Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:2196.HK shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Shanghai Fosun Pharmaceutical (Group) Co., Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 Shanghai Fosun Pharmaceutical (Group) Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

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