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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$0.26
HK$0.02(5.45%)
Hong Kong Market is Open · 15:02

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

2439.HK Technical Analysis Summary (HKSE)

China Treasures New Materials Group Ltd. (HKSE: 2439.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.10)
Trend Strength:Strong (ADX: 34.19)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.24 – $0.35 (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): 34.10

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.98

Bearish
Momentum remains weak below midpoint.

Williams %R: -83.33

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.33

Strongly Bearish
Sharp downside momentum.

Takeaway:China Treasures New Materials Group Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.19

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -185.66

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.35
Middle Band (SMA 20)
$0.29
Lower Band
$0.24
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.34
Middle Line (EMA 20)
$0.29
Lower Channel
$0.24
Squeeze Status
No Squeeze

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-163.57M
Money Flow Index72.87Bullish, inflows support continued momentum.
Relative Vigor Index28.42Bearish, price momentum favors sellers.

Overall Takeaway:2439.HK shows mixed signals in money flow analysis.

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