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Ever Reach Group (Holdings) Company Limited

3616.HK Technical Analysis Summary (HKSE)

Analyze 3616.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

3616.HK●HKSE
Real EstateReal Estate - Development
HK$0.24
HK$0.001(0.42%)
Hong Kong Market opens in 18h 10m

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

3616.HK Technical Analysis Summary (HKSE)

Ever Reach Group (Holdings) Company Limited (HKSE: 3616.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.33)
Trend Strength:Moderate (ADX: 24.36)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.22 – $0.25 (Bollinger Bands)

Technical conditions suggest Ever Reach Group (Holdings) Company Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Ever Reach Group (Holdings) Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 56.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.51

Bearish
Overbought levels may trigger pullback.

Williams %R: -17.39

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.85

Neutral
Price change is minimal.

Takeaway:Ever Reach Group (Holdings) Company Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.36

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 36.41

Bullish
Bullish, momentum building upward.

Takeaway:Ever Reach Group (Holdings) Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.25
Middle Band (SMA 20)
$0.23
Lower Band
$0.22
Current Position
Within Bands

Takeaway:Ever Reach Group (Holdings) Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.25
Middle Line (EMA 20)
$0.23
Lower Channel
$0.22
Squeeze Status
No Squeeze

Takeaway:Ever Reach Group (Holdings) Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.01M
Money Flow Index6.38Bullish, oversold conditions signal rebound potential.
Relative Vigor Index18.76Bearish, price momentum favors sellers.

Overall Takeaway:3616.HK shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Ever Reach Group (Holdings) Company Limited (HKSE: 3616.HK), 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.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Ever Reach Group (Holdings) Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 3616.HK) Technical Analysis FAQ