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China Treasures New Materials Group Ltd.

2439.HK Technical Analysis Summary (HKSE)

Analyze 2439.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2439.HK●HKSE
Basic MaterialsChemicals - Specialty
HK$0.20
HK$0.001(0.50%)
Hong Kong Market opens in 47h 49m

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

2439.HK Technical Analysis Summary (HKSE)

China Treasures New Materials Group Ltd. (HKSE: 2439.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: 41.74)
Trend Strength:Moderate (ADX: 27.69)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.18 – $0.24 (Bollinger Bands)

Technical conditions suggest China Treasures New Materials Group Ltd. on the HKSE is awaiting a decisive move. This mix signals that China Treasures New Materials Group Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 41.74

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 56.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -44.29

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -7.87

Strongly Bearish
Sharp downside momentum.

Takeaway:China Treasures New Materials Group Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.69

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -51.35

Bearish
Bearish, momentum remains under pressure.

Takeaway:China Treasures New Materials Group Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.21
Lower Band
$0.18
Current Position
Within Bands

Takeaway:China Treasures New Materials Group Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.25
Middle Line (EMA 20)
$0.21
Lower Channel
$0.17
Squeeze Status
Squeeze On

Takeaway:China Treasures New Materials Group Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-342.06M
Money Flow Index31.76Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.11Bearish, price momentum favors sellers.

Overall Takeaway:2439.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of China Treasures New Materials Group Ltd. (HKSE: 2439.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:China Treasures New Materials Group Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 2439.HK) Technical Analysis FAQ