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TOM Group Limited

2383.HK Technical Analysis Summary (HKSE)

Analyze 2383.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2383.HK●HKSE
Communication ServicesPublishing
HK$0.37
HK$0.00(0.00%)
Hong Kong Market opens in 7h 41m

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

2383.HK Technical Analysis Summary (HKSE)

TOM Group Limited (HKSE: 2383.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.86)
Trend Strength:Very Strong (ADX: 71.57)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.37 – $0.38 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 38.86

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 71.43

Bullish
Buying momentum building without extremes.

Williams %R: -28.57

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.63

Bearish
Selling pressure outweighs buying.

Takeaway:TOM Group Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 71.57

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 19.81

Neutral
Neutral, no strong directional signal.

Takeaway:TOM Group Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.38
Middle Band (SMA 20)
$0.38
Lower Band
$0.37
Current Position
Within Bands

Takeaway:TOM Group Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.40
Middle Line (EMA 20)
$0.37
Lower Channel
$0.35
Squeeze Status
Squeeze On

Takeaway:TOM Group Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume578.74K
Money Flow Index21.59Bearish, selling pressure outweighs inflows.
Relative Vigor Index14.31Bearish, price momentum favors sellers.

Overall Takeaway:2383.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of TOM Group Limited (HKSE: 2383.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for TOM Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2383.HK) Technical Analysis FAQ