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W.I.S.E. SSE 50 China Tracker

3024.HK Technical Analysis Summary (HKSE)

Analyze 3024.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

3024.HKHKSE
Financial ServicesAsset Management
HK$29.98
HK$1.48(4.70%)
Hong Kong Market opens in 4h 25m

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

3024.HK Technical Analysis Summary (HKSE)

W.I.S.E. SSE 50 China Tracker (HKSE: 3024.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: 49.94)
Trend Strength:Weak (ADX: 15.20)
Volatility:Low (ATR: 0.48)
Support/Resistance:$29.93 – $31.83 (Bollinger Bands)

Technical conditions suggest W.I.S.E. SSE 50 China Tracker on the HKSE is awaiting a decisive move. Overall, W.I.S.E. SSE 50 China Tracker remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.27

Bearish
Momentum remains weak below midpoint.

Williams %R: -38.96

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.40

Bearish
Selling pressure outweighs buying.

Takeaway:W.I.S.E. SSE 50 China Tracker shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.20

Weak
Weak trend, market trading sideways.

ATR (14): 0.48

Low
Low volatility, stable price action.

CCI (14): -19.73

Neutral
Neutral, no strong directional signal.

Takeaway:W.I.S.E. SSE 50 China Tracker shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$31.83
Middle Band (SMA 20)
$30.88
Lower Band
$29.93
Current Position
Within Bands

Takeaway:W.I.S.E. SSE 50 China Tracker trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$31.87
Middle Line (EMA 20)
$30.91
Lower Channel
$29.96
Squeeze Status
Squeeze On

Takeaway:W.I.S.E. SSE 50 China Tracker trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-800.00
Money Flow Index39.10Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:3024.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of W.I.S.E. SSE 50 China Tracker (HKSE: 3024.HK), here are the key trading signals and recommendations:

Bullish Signals

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:W.I.S.E. SSE 50 China Tracker shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(HKSE: 3024.HK) Technical Analysis FAQ