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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$5.26
HK$0.21(3.93%)
Hong Kong Market opens in 3h 5m

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 Bearish (RSI: 45.32)
Trend Strength:Moderate (ADX: 20.45)
Volatility:Medium (ATR: 0.22)
Support/Resistance:$4.78 – $5.95 (Bollinger Bands)

Technical conditions suggest SINOPEC Engineering (Group) Co., Ltd. on the HKSE is awaiting a decisive move. Overall, SINOPEC Engineering (Group) Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.32

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.55

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.54

Bullish
Steady upward momentum.

Takeaway:SINOPEC Engineering (Group) Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.45

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): -57.76

Bearish
Bearish, momentum remains under pressure.

Takeaway:SINOPEC Engineering (Group) Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.95
Middle Band (SMA 20)
$5.37
Lower Band
$4.78
Current Position
Within Bands

Takeaway:SINOPEC Engineering (Group) Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5.85
Middle Line (EMA 20)
$5.41
Lower Channel
$4.96
Squeeze Status
No Squeeze

Takeaway:SINOPEC Engineering (Group) Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume13.83M
Money Flow Index67.90Bullish, inflows support continued momentum.
Relative Vigor Index26.19Bearish, price momentum favors sellers.

Overall Takeaway:2386.HK shows mixed signals in money flow analysis.

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

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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 SINOPEC Engineering (Group) Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2386.HK) Technical Analysis FAQ