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HK Electric Investments and HK Electric Investments Limited

2638.HKHKSE
Utilities
Regulated Electric
HK$6.36
HK$-0.02(-0.31%)
Hong Kong Market is Open • 10:17

HK Electric Investments and HK Electric Investments Limited (2638.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for HK Electric Investments and HK Electric Investments Limited (HKSE:2638.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

2638.HK Technical Analysis Summary

HK Electric Investments and HK Electric Investments Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.15)
Trend Strength:Very Strong (ADX: 43.88)
Volatility:Low (ATR: 0.04)
Support/Resistance:$6.37 – $6.44 (Bollinger Bands)

Technical conditions suggest HK Electric Investments and HK Electric Investments Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 35.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.78

Neutral
Price change is minimal.

Takeaway:HK Electric Investments and HK Electric Investments Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 43.88

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -196.49

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:HK Electric Investments and HK Electric Investments Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.44
Middle Band (SMA 20)
$6.40
Lower Band
$6.37
Current Position
Below Lower Band

Takeaway:HK Electric Investments and HK Electric Investments Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$6.49
Middle Line (EMA 20)
$6.41
Lower Channel
$6.32
Squeeze Status
Squeeze On

Takeaway:HK Electric Investments and HK Electric Investments Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-64.27M
Money Flow Index25.10Bearish, selling pressure outweighs inflows.
Relative Vigor Index22.93Bearish, price momentum favors sellers.

Overall Takeaway:2638.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of HK Electric Investments and HK Electric Investments Limited, 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:Technical indicators for HK Electric Investments and HK Electric Investments Limited are mixed, suggesting a Hold or wait-and-see approach.

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