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China Oilfield Services Limited

2883.HK•HKSE
Energy
Oil & Gas Equipment & Services
HK$9.27
HK$0.23(2.54%)
Hong Kong Market is Open • 10:35

China Oilfield Services Limited (2883.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for China Oilfield Services Limited (HKSE:2883.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

2883.HK Technical Analysis Summary

China Oilfield Services Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.31)
Trend Strength:Moderate (ADX: 29.92)
Volatility:Medium (ATR: 0.46)
Support/Resistance:$8.99 – $10.22 (Bollinger Bands)

Overall, China Oilfield Services Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.71

Bullish
Oversold zone signals rebound potential.

Williams %R: -71.30

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.14

Bearish
Selling pressure outweighs buying.

Takeaway:China Oilfield Services Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.92

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.46

Low
Low volatility, stable price action.

CCI (14): -109.14

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:China Oilfield Services Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.22
Middle Band (SMA 20)
$9.60
Lower Band
$8.99
Current Position
Within Bands

Takeaway:China Oilfield Services Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$10.45
Middle Line (EMA 20)
$9.52
Lower Channel
$8.59
Squeeze Status
Squeeze On

Takeaway:China Oilfield Services Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume71.19M
Money Flow Index42.12Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.66Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:2883.HK shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of China Oilfield Services Limited, 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.

Overall Recommendation:China Oilfield Services Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ