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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$1.90
HK$0.07(3.55%)
Hong Kong Market opens in 4h 20m

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 neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.34)
Trend Strength:Moderate (ADX: 21.71)
Volatility:High (ATR: 0.12)
Support/Resistance:$1.79 – $2.24 (Bollinger Bands)

Technical conditions suggest Chongqing Machinery & Electric Co., Ltd. on the HKSE is awaiting a decisive move. This mix signals that Chongqing Machinery & Electric Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.39

Bearish
Momentum remains weak below midpoint.

Williams %R: -87.50

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.47

Strongly Bearish
Sharp downside momentum.

Takeaway:Chongqing Machinery & Electric Co., Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.71

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -189.83

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
$2.24
Middle Band (SMA 20)
$2.02
Lower Band
$1.79
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.26
Middle Line (EMA 20)
$2.02
Lower Channel
$1.79
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-273.34M
Money Flow Index28.18Bearish, selling pressure outweighs inflows.
Relative Vigor Index37.81Bearish, price momentum favors sellers.

Overall Takeaway:2722.HK shows bearish money flow, with sellers dominating volume and vigor.

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

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