Advertisement
Loading...

Weichai Power Co., Ltd.

2338.HK•HKSE
Industrials
Industrial - Machinery
HK$41.12
HK$1.80(4.58%)
Hong Kong Market opens in NaNh NaNm

Weichai Power Co., Ltd. (2338.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Weichai Power Co., Ltd. (HKSE:2338.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

2338.HK Technical Analysis Summary

Weichai Power Co., Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.08)
Trend Strength:Moderate (ADX: 27.44)
Volatility:High (ATR: 2.14)
Support/Resistance:$34.26 – $45.49 (Bollinger Bands)

Technical conditions suggest Weichai Power Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 27.55

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.07

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.19

Bullish
Steady upward momentum.

Takeaway:Weichai Power Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.44

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.14

Medium
Medium volatility, healthy price movement.

CCI (14): -91.93

Bearish
Bearish, momentum remains under pressure.

Takeaway:Weichai Power Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$45.49
Middle Band (SMA 20)
$39.87
Lower Band
$34.26
Current Position
Within Bands

Takeaway:Weichai Power Co., Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$43.27
Middle Line (EMA 20)
$39.00
Lower Channel
$34.72
Squeeze Status
No Squeeze

Takeaway:Weichai Power Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume32.02M
Money Flow Index38.65Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.76Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:2338.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Weichai Power 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.

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

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

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ