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Edianyun Limited

2416.HKHKSE
Technology
Information Technology Services
HK$2.91
HK$0.01(0.34%)
Hong Kong Market opens in 39h 55m

Edianyun Limited (2416.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Edianyun Limited (HKSE:2416.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

2416.HK Technical Analysis Summary

Edianyun Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 62.10)
Trend Strength:Weak (ADX: 13.50)
Volatility:High (ATR: 0.16)
Support/Resistance:$2.37 – $3.00 (Bollinger Bands)

Overall, Edianyun Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.10

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.08

Bullish
Buying momentum building without extremes.

Williams %R: -27.94

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 12.36

Strongly Bullish
Strong upside momentum.

Takeaway:Edianyun Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.50

Weak
Weak trend, market trading sideways.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 98.66

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.00
Middle Band (SMA 20)
$2.69
Lower Band
$2.37
Current Position
Within Bands

Takeaway:Edianyun Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3.06
Middle Line (EMA 20)
$2.73
Lower Channel
$2.40
Squeeze Status
Squeeze On

Takeaway:Edianyun Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume11.26M
Money Flow Index74.52Bullish, inflows support continued momentum.
Relative Vigor Index54.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2416.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Edianyun Limited, 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.

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

Bearish Signals

No significant bearish signals detected.

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

Technical Analysis FAQ