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China Mengniu Dairy Company Limited

2319.HK Technical Analysis Summary (HKSE)

Analyze 2319.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2319.HK●HKSE
Consumer DefensivePackaged Foods
HK$18.73
HK$0.09(0.48%)
Hong Kong Market opens in 3h 40m

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

2319.HK Technical Analysis Summary (HKSE)

China Mengniu Dairy Company Limited (HKSE: 2319.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.90)
Trend Strength:Weak (ADX: 17.03)
Volatility:Medium (ATR: 0.54)
Support/Resistance:$17.92 – $19.38 (Bollinger Bands)

Technical conditions suggest China Mengniu Dairy Company Limited on the HKSE is awaiting a decisive move. Technical conditions suggest China Mengniu Dairy Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 56.90

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 47.16

Neutral
Mid-range signal with no clear trend.

Williams %R: -49.47

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.27

Neutral
Price change is minimal.

Takeaway:China Mengniu Dairy Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.03

Weak
Weak trend, market trading sideways.

ATR (14): 0.54

Low
Low volatility, stable price action.

CCI (14): 40.98

Bullish
Bullish, momentum building upward.

Takeaway:China Mengniu Dairy Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.38
Middle Band (SMA 20)
$18.65
Lower Band
$17.92
Current Position
Within Bands

Takeaway:China Mengniu Dairy Company Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.51
Middle Line (EMA 20)
$18.43
Lower Channel
$17.35
Squeeze Status
Squeeze On

Takeaway:China Mengniu Dairy Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume212.07M
Money Flow Index56.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.01Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2319.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of China Mengniu Dairy Company Limited (HKSE: 2319.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

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for China Mengniu Dairy Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2319.HK) Technical Analysis FAQ