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Chongqing Machinery & Electric Co., Ltd.

2722.HK•HKSE
Industrials
Industrial - Machinery
HK$3.12
HK$-0.14(-4.29%)
Hong Kong Market opens in NaNh NaNm

Chongqing Machinery & Electric Co., Ltd. (2722.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Chongqing Machinery & Electric Co., Ltd. (HKSE:2722.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

2722.HK Technical Analysis Summary

Chongqing Machinery & Electric Co., Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.94)
Trend Strength:Strong (ADX: 35.55)
Volatility:High (ATR: 0.24)
Support/Resistance:$2.75 – $3.69 (Bollinger Bands)

Technical conditions suggest Chongqing Machinery & Electric Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.41

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 6.46

Strongly Bullish
Strong upside momentum.

Takeaway:Chongqing Machinery & Electric Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.55

Strong
Strong trend, momentum well established.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): -55.91

Bearish
Bearish, momentum remains under pressure.

Takeaway:Chongqing Machinery & Electric Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.69
Middle Band (SMA 20)
$3.22
Lower Band
$2.75
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3.66
Middle Line (EMA 20)
$3.18
Lower Channel
$2.71
Squeeze Status
Squeeze On

Takeaway:Chongqing Machinery & Electric Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-166.03M
Money Flow Index66.34Bullish, inflows support continued momentum.
Relative Vigor Index37.12Bearish, price momentum favors sellers.

Overall Takeaway:2722.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Chongqing Machinery & Electric Co., Ltd., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Chongqing Machinery & Electric Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ