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Edianyun Limited

2416.HK Technical Analysis Summary (HKSE)

Analyze 2416.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2416.HK●HKSE
TechnologyInformation Technology Services
HK$4.48
HK$0.16(3.70%)
Hong Kong Market opens in 2h 39m

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 (HKSE)

Edianyun Limited (HKSE: 2416.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 75.42)
Trend Strength:Strong (ADX: 30.81)
Volatility:High (ATR: 0.29)
Support/Resistance:$2.76 – $4.28 (Bollinger Bands)

Technical conditions suggest Edianyun Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Edianyun Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 75.42

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 90.61

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 38.27

Strongly Bullish
Strong upside momentum.

Takeaway:Edianyun Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.25

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.81

Strong
Strong trend, momentum well established.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): 187.34

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Edianyun Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.28
Middle Band (SMA 20)
$3.52
Lower Band
$2.76
Current Position
Above Upper Band

Takeaway:Edianyun Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$4.24
Middle Line (EMA 20)
$3.65
Lower Channel
$3.07
Squeeze Status
No Squeeze

Takeaway:Edianyun Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume27.57M
Money Flow Index97.20Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index80.80Bullish, price momentum strongly favors buyers.

Overall Takeaway:2416.HK shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Edianyun Limited (HKSE: 2416.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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Edianyun Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(HKSE: 2416.HK) Technical Analysis FAQ