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Jiangxi Qiyunshan Food Co., Ltd.

2797.HK Technical Analysis Summary (HKSE)

Analyze 2797.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2797.HK●HKSE
Consumer DefensivePackaged Foods
HK$67.45
HK$2.00(2.88%)
Hong Kong Market opens in NaNh NaNm

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

2797.HK Technical Analysis Summary (HKSE)

Jiangxi Qiyunshan Food Co., Ltd. (HKSE: 2797.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.90)
Trend Strength:Very Strong (ADX: 44.81)
Volatility:High (ATR: 9.34)
Support/Resistance:$70.34 – $105.82 (Bollinger Bands)

Technical conditions suggest Jiangxi Qiyunshan Food Co., Ltd. on the HKSE is awaiting a decisive move. Overall, Jiangxi Qiyunshan Food Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 34.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.22

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.38

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -28.28

Strongly Bearish
Sharp downside momentum.

Takeaway:Jiangxi Qiyunshan Food Co., Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.81

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 9.34

Rising
Rising volatility, market activity increasing.

CCI (14): -187.14

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Jiangxi Qiyunshan Food Co., Ltd. shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$105.82
Middle Band (SMA 20)
$88.08
Lower Band
$70.34
Current Position
Below Lower Band

Takeaway:Jiangxi Qiyunshan Food Co., Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$102.92
Middle Line (EMA 20)
$84.24
Lower Channel
$65.56
Squeeze Status
Squeeze On

Takeaway:Jiangxi Qiyunshan Food Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.99M
Money Flow Index35.78Bearish, selling pressure outweighs inflows.
Relative Vigor Index15.56Bearish, price momentum favors sellers.

Overall Takeaway:2797.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Jiangxi Qiyunshan Food Co., Ltd. (HKSE: 2797.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:Jiangxi Qiyunshan Food Co., Ltd. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(HKSE: 2797.HK) Technical Analysis FAQ