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Meituan

3690.HK Technical Analysis Summary (HKSE)

Analyze 3690.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

3690.HKHKSE
Consumer CyclicalSpecialty Retail
HK$73.20
HK$0.30(0.41%)
Hong Kong Market opens in 1h 56m

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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

3690.HK Technical Analysis Summary (HKSE)

Meituan (HKSE: 3690.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.67)
Trend Strength:Moderate (ADX: 29.26)
Volatility:Medium (ATR: 2.75)
Support/Resistance:$71.96 – $82.57 (Bollinger Bands)

Technical conditions suggest Meituan on the HKSE is awaiting a decisive move. Technical conditions suggest Meituan is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 33.67

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 9.74

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.76

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.22

Strongly Bearish
Sharp downside momentum.

Takeaway:Meituan shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.81

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.26

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.75

Medium
Medium volatility, healthy price movement.

CCI (14): -97.71

Bearish
Bearish, momentum remains under pressure.

Takeaway:Meituan shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$82.57
Middle Band (SMA 20)
$77.27
Lower Band
$71.96
Current Position
Within Bands

Takeaway:Meituan trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$83.27
Middle Line (EMA 20)
$77.76
Lower Channel
$72.26
Squeeze Status
Squeeze On

Takeaway:Meituan trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume327.20M
Money Flow Index35.58Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.89Bearish, price momentum favors sellers.

Overall Takeaway:3690.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Meituan (HKSE: 3690.HK), 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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Meituan shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 3690.HK) Technical Analysis FAQ