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ENN Energy Holdings Limited

2688.HK Technical Analysis Summary (HKSE)

Analyze 2688.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2688.HK●HKSE
UtilitiesRegulated Gas
HK$44.66
HK$0.04(0.09%)
Hong Kong Market opens in 17h 25m

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

2688.HK Technical Analysis Summary (HKSE)

ENN Energy Holdings Limited (HKSE: 2688.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: 48.09)
Trend Strength:Strong (ADX: 36.84)
Volatility:Medium (ATR: 1.31)
Support/Resistance:$40.24 – $44.05 (Bollinger Bands)

Technical conditions suggest ENN Energy Holdings Limited on the HKSE is awaiting a decisive move. This mix signals that ENN Energy Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 85.81

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.73

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.24

Strongly Bullish
Strong upside momentum.

Takeaway:ENN Energy Holdings Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -1.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.84

Strong
Strong trend, momentum well established.

ATR (14): 1.31

Low
Low volatility, stable price action.

CCI (14): 148.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:ENN Energy Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.05
Middle Band (SMA 20)
$42.15
Lower Band
$40.24
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$45.96
Middle Line (EMA 20)
$43.35
Lower Channel
$40.73
Squeeze Status
Squeeze On

Takeaway:ENN Energy Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-90.10M
Money Flow Index67.34Bullish, inflows support continued momentum.
Relative Vigor Index46.19Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:2688.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of ENN Energy Holdings Limited (HKSE: 2688.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

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

RVI below 50 → vigor tilted toward sellers.

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

(HKSE: 2688.HK) Technical Analysis FAQ