Is Shanghai Fosun Pharmaceutical (Group) Co., Ltd. stock a buy or sell right now?

Based on current indicators, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. shows a Sell signal, with bearish momentum and trend strength favoring downside.

What is Shanghai Fosun Pharmaceutical (Group) Co., Ltd.’s RSI?

RSI is 47.63, showing balanced momentum within the normal range.

What does MACD indicate for 2196.HK?

MACD at -0.01 shows bearish pressure, with downside momentum building.

What are Shanghai Fosun Pharmaceutical (Group) Co., Ltd.’s key support and resistance levels?

Support sits around $14.96, while resistance is near $17.15.

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..

2196.HK●HKSE

HealthcareDrug Manufacturers - Specialty & Generic

HK$16.22

HK$0.68(4.02%)

Hong Kong Market opens in 41h 52m

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 Bearish (RSI: 47.63)

Trend Strength:Moderate (ADX: 26.60)

Volatility:Medium (ATR: 0.68)

Support/Resistance:$14.96 – $17.15 (Bollinger Bands)

Technical conditions suggest Shanghai Fosun Pharmaceutical (Group) Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.63

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 74.21

Bullish

Buying momentum building without extremes.

Williams %R: -45.68

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 7.70

Strongly Bullish

Strong upside momentum.

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

Trend & Volatility

MACD: -0.01

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 26.60

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.68

Low

Low volatility, stable price action.

CCI (14): 13.36

Neutral

Neutral, no strong directional signal.

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$17.15

Middle Band (SMA 20)

$16.06

Lower Band

$14.96

Current Position

Within Bands

Takeaway:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$17.70

Middle Line (EMA 20)

$16.34

Lower Channel

$14.98

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 Volume-14.33M

Money Flow Index63.29Bullish, inflows support continued momentum.

Relative Vigor Index57.24Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2196.HK shows bullish money flow, with volume and vigor supporting buyers.

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

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Shanghai Fosun Pharmaceutical (Group) Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.