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Redco Healthy Living Company Limited

2370.HK Technical Analysis Summary (HKSE)

Analyze 2370.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2370.HK●HKSE
Real EstateReal Estate - Services
HK$1.28
HK$0.00(0.00%)
Hong Kong Market opens in 2h 57m

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

2370.HK Technical Analysis Summary (HKSE)

Redco Healthy Living Company Limited (HKSE: 2370.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.09)
Trend Strength:Moderate (ADX: 28.02)
Volatility:High (ATR: 0.08)
Support/Resistance:$0.96 – $1.51 (Bollinger Bands)

Technical conditions suggest Redco Healthy Living Company Limited on the HKSE is awaiting a decisive move. This mix signals that Redco Healthy Living Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 42.95

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 12.72

Strongly Bullish
Strong upside momentum.

Takeaway:Redco Healthy Living Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.02

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -8.10

Neutral
Neutral, no strong directional signal.

Takeaway:Redco Healthy Living Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.51
Middle Band (SMA 20)
$1.24
Lower Band
$0.96
Current Position
Within Bands

Takeaway:Redco Healthy Living Company Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.42
Middle Line (EMA 20)
$1.26
Lower Channel
$1.11
Squeeze Status
No Squeeze

Takeaway:Redco Healthy Living Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.29M
Money Flow Index59.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.52Bearish, price momentum favors sellers.

Overall Takeaway:2370.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Redco Healthy Living Company Limited (HKSE: 2370.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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Redco Healthy Living Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2370.HK) Technical Analysis FAQ