Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Guangzhou Automobile Group Co., Ltd.

2238.HK Technical Analysis Summary (HKSE)

Analyze 2238.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2238.HK●HKSE
Consumer CyclicalAuto - Manufacturers
HK$2.51
HK$0.07(3.08%)
Hong Kong Market opens in 13h 32m

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

2238.HK Technical Analysis Summary (HKSE)

Guangzhou Automobile Group Co., Ltd. (HKSE: 2238.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.24)
Trend Strength:Moderate (ADX: 26.30)
Volatility:Medium (ATR: 0.11)
Support/Resistance:$1.98 – $2.42 (Bollinger Bands)

Technical conditions suggest Guangzhou Automobile Group Co., Ltd. on the HKSE is awaiting a decisive move. Technical conditions suggest Guangzhou Automobile Group Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.72

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.67

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 13.95

Strongly Bullish
Strong upside momentum.

Takeaway:Guangzhou Automobile Group Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.30

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): 128.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Guangzhou Automobile Group Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.42
Middle Band (SMA 20)
$2.20
Lower Band
$1.98
Current Position
Above Upper Band

Takeaway:Guangzhou Automobile Group Co., Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$2.46
Middle Line (EMA 20)
$2.25
Lower Channel
$2.04
Squeeze Status
No Squeeze

Takeaway:Guangzhou Automobile Group Co., Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume189.19M
Money Flow Index76.69Bullish, inflows support continued momentum.
Relative Vigor Index66.46Bullish, price momentum strongly favors buyers.

Overall Takeaway:2238.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Guangzhou Automobile Group Co., Ltd. (HKSE: 2238.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Overall Recommendation:Guangzhou Automobile Group Co., Ltd. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(HKSE: 2238.HK) Technical Analysis FAQ