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China Shineway Pharmaceutical Group Limited

2877.HK•HKSE
Healthcare
Drug Manufacturers - Specialty & Generic
HK$9.78
HK$0.10(1.03%)
Hong Kong Market opens in 16h 43m

China Shineway Pharmaceutical Group Limited (2877.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for China Shineway Pharmaceutical Group Limited (HKSE:2877.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

2877.HK Technical Analysis Summary

China Shineway Pharmaceutical Group Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.13)
Trend Strength:Moderate (ADX: 24.09)
Volatility:Medium (ATR: 0.33)
Support/Resistance:$9.06 – $10.50 (Bollinger Bands)

Overall, China Shineway Pharmaceutical Group Limited shows bullish strength, supported by steady momentum and volume.

Momentum Indicators

RSI (14): 52.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.13

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.51

Neutral
Price change is minimal.

Takeaway:China Shineway Pharmaceutical Group Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.33

Low
Low volatility, stable price action.

CCI (14): -75.73

Bearish
Bearish, momentum remains under pressure.

Takeaway:China Shineway Pharmaceutical Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.50
Middle Band (SMA 20)
$9.78
Lower Band
$9.06
Current Position
Within Bands

Takeaway:China Shineway Pharmaceutical Group Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$10.44
Middle Line (EMA 20)
$9.77
Lower Channel
$9.10
Squeeze Status
No Squeeze

Takeaway:China Shineway Pharmaceutical Group Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume6.40M
Money Flow Index43.36Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.55Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2877.HK shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of China Shineway Pharmaceutical Group Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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.

Overall Recommendation:Technical indicators for China Shineway Pharmaceutical Group Limited are mixed, suggesting a Hold or wait-and-see approach.

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