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SINOPEC Engineering (Group) Co., Ltd.

2386.HK Technical Analysis Summary (HKSE)

Analyze 2386.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2386.HK●HKSE
IndustrialsEngineering & Construction
HK$5.57
HK$0.02(0.36%)
Hong Kong Market opens in 15h 33m

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

2386.HK Technical Analysis Summary (HKSE)

SINOPEC Engineering (Group) Co., Ltd. (HKSE: 2386.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: 57.20)
Trend Strength:Weak (ADX: 12.79)
Volatility:Medium (ATR: 0.20)
Support/Resistance:$5.15 – $5.67 (Bollinger Bands)

Technical conditions suggest SINOPEC Engineering (Group) Co., Ltd. on the HKSE is awaiting a decisive move. Technical conditions suggest SINOPEC Engineering (Group) Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 57.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.12

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.67

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.43

Strongly Bullish
Strong upside momentum.

Takeaway:SINOPEC Engineering (Group) Co., Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.79

Weak
Weak trend, market trading sideways.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 123.14

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:SINOPEC Engineering (Group) Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.67
Middle Band (SMA 20)
$5.41
Lower Band
$5.15
Current Position
Within Bands

Takeaway:SINOPEC Engineering (Group) Co., Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.82
Middle Line (EMA 20)
$5.42
Lower Channel
$5.02
Squeeze Status
Squeeze On

Takeaway:SINOPEC Engineering (Group) Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume36.15M
Money Flow Index87.79Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index59.04Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2386.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of SINOPEC Engineering (Group) Co., Ltd. (HKSE: 2386.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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for SINOPEC Engineering (Group) Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2386.HK) Technical Analysis FAQ