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Zibuyu Group Limited

2420.HK Technical Analysis Summary (HKSE)

Analyze 2420.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2420.HK●HKSE
Consumer CyclicalSpecialty Retail
HK$3.86
HK$0.03(0.78%)
Hong Kong Market is Open · 11:02

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

2420.HK Technical Analysis Summary (HKSE)

Zibuyu Group Limited (HKSE: 2420.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: 48.42)
Trend Strength:Moderate (ADX: 25.88)
Volatility:Medium (ATR: 0.12)
Support/Resistance:$3.68 – $3.97 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 48.42

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.95

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.56

Bearish
Selling pressure outweighs buying.

Takeaway:Zibuyu Group Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.88

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): 60.67

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.97
Middle Band (SMA 20)
$3.83
Lower Band
$3.68
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$4.05
Middle Line (EMA 20)
$3.81
Lower Channel
$3.57
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-408.00K
Money Flow Index30.37Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.15Bearish, price momentum favors sellers.

Overall Takeaway:2420.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Zibuyu Group Limited (HKSE: 2420.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Zibuyu Group Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 2420.HK) Technical Analysis FAQ