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China CITIC Financial Asset Management Co., Ltd.

2799.HK Technical Analysis Summary (HKSE)

Analyze 2799.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

2799.HKHKSE
Financial ServicesAsset Management
HK$0.64
HK$0.01(1.60%)
Hong Kong Market opens in 4h 0m

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

2799.HK Technical Analysis Summary (HKSE)

China CITIC Financial Asset Management Co., Ltd. (HKSE: 2799.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.63)
Trend Strength:Weak (ADX: 19.67)
Volatility:Medium (ATR: 0.03)
Support/Resistance:$0.56 – $0.63 (Bollinger Bands)

Technical conditions suggest China CITIC Financial Asset Management Co., Ltd. on the HKSE is awaiting a decisive move. This mix signals that China CITIC Financial Asset Management Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.63

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 84.29

Bearish
Overbought levels may trigger pullback.

Williams %R: -13.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.10

Bullish
Steady upward momentum.

Takeaway:China CITIC Financial Asset Management Co., Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.67

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 130.83

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:China CITIC Financial Asset Management Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.63
Middle Band (SMA 20)
$0.60
Lower Band
$0.56
Current Position
Above Upper Band

Takeaway:China CITIC Financial Asset Management Co., Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.65
Middle Line (EMA 20)
$0.60
Lower Channel
$0.55
Squeeze Status
Squeeze On

Takeaway:China CITIC Financial Asset Management Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume969.14M
Money Flow Index57.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.94Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2799.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of China CITIC Financial Asset Management Co., Ltd. (HKSE: 2799.HK), 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 China CITIC Financial Asset Management Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 2799.HK) Technical Analysis FAQ