Is Shanghai Henlius Biotech, Inc. stock a buy or sell right now?

Shanghai Henlius Biotech, Inc. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Shanghai Henlius Biotech, Inc.’s RSI?

RSI is 66.46, showing balanced momentum within the normal range.

What does MACD indicate for 2696.HK?

MACD at 1.36 signals bullish momentum with buyers in control.

What are Shanghai Henlius Biotech, Inc.’s key support and resistance levels?

Support sits around $62.39, while resistance is near $73.05. A breakout above $73.05 would open the door for further upside.

Shanghai Henlius Biotech, Inc.

2696.HK•HKSE

Healthcare

Biotechnology

HK$76.75

HK$7.00(10.04%)

Hong Kong Market is Open • 11:49

Shanghai Henlius Biotech, Inc. (2696.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shanghai Henlius Biotech, Inc. (HKSE:2696.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

2696.HK Technical Analysis Summary

Shanghai Henlius Biotech, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bullish (RSI: 66.46)

Trend Strength:Weak (ADX: 17.61)

Volatility:High (ATR: 4.23)

Support/Resistance:$62.39 – $73.05 (Bollinger Bands)

Overall, Shanghai Henlius Biotech, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 66.46

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 81.42

Bearish

Overbought levels may trigger pullback.

Williams %R: -5.28

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 12.20

Strongly Bullish

Strong upside momentum.

Takeaway:Shanghai Henlius Biotech, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.36

Bullish

Bullish, trend momentum is strengthening.

ADX: 17.61

Weak

Weak trend, market trading sideways.

ATR (14): 4.23

Medium

Medium volatility, healthy price movement.

CCI (14): 229.91

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Shanghai Henlius Biotech, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$73.05

Middle Band (SMA 20)

$67.72

Lower Band

$62.39

Current Position

Above Upper Band

Takeaway:Shanghai Henlius Biotech, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$76.68

Middle Line (EMA 20)

$68.22

Lower Channel

$59.76

Squeeze Status

Squeeze On

Takeaway:Shanghai Henlius Biotech, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume4.20M

Money Flow Index55.00Neutral, balanced money flows with no clear signal.

Relative Vigor Index67.05Bullish, price momentum strongly favors buyers.

Overall Takeaway:2696.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary

Based on the current technical analysis of Shanghai Henlius Biotech, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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.

Overall Recommendation:Technical indicators for Shanghai Henlius Biotech, Inc. are mixed, suggesting a Hold or wait-and-see approach.