Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Chongqing Machinery & Electric Co., Ltd.

2722.HK Technical Analysis Summary (HKSE)

Analyze 2722.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2722.HK●HKSE
IndustrialsIndustrial - Machinery
HK$1.44
HK$0.03(2.38%)
Hong Kong Market is Open · 11:33

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

2722.HK Technical Analysis Summary (HKSE)

Chongqing Machinery & Electric Co., Ltd. (HKSE: 2722.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.71)
Trend Strength:Strong (ADX: 39.73)
Volatility:Medium (ATR: 0.07)
Support/Resistance:$1.42 – $1.77 (Bollinger Bands)

Technical conditions suggest Chongqing Machinery & Electric Co., Ltd. on the HKSE is awaiting a decisive move. Overall, Chongqing Machinery & Electric Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 27.71

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 19.52

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -12.20

Strongly Bearish
Sharp downside momentum.

Takeaway:Chongqing Machinery & Electric Co., Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.73

Strong
Strong trend, momentum well established.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -129.87

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Chongqing Machinery & Electric Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.77
Middle Band (SMA 20)
$1.59
Lower Band
$1.42
Current Position
Within Bands

Takeaway:Chongqing Machinery & Electric Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.73
Middle Line (EMA 20)
$1.58
Lower Channel
$1.44
Squeeze Status
No Squeeze

Takeaway:Chongqing Machinery & Electric Co., Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-12.73M
Money Flow Index18.18Bullish, oversold conditions signal rebound potential.
Relative Vigor Index30.88Bearish, price momentum favors sellers.

Overall Takeaway:2722.HK shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Chongqing Machinery & Electric Co., Ltd. (HKSE: 2722.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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Chongqing Machinery & Electric Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 2722.HK) Technical Analysis FAQ