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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$86.70
HK$0.60(0.69%)
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

3690.HK Technical Analysis Summary (HKSE)

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

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.09)
Trend Strength:Moderate (ADX: 25.15)
Volatility:Medium (ATR: 4.06)
Support/Resistance:$64.97 – $92.51 (Bollinger Bands)

Technical conditions suggest Meituan on the HKSE is awaiting a decisive move. This mix signals that Meituan is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 82.23

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.25

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 15.68

Strongly Bullish
Strong upside momentum.

Takeaway:Meituan shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.95

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.15

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.06

Medium
Medium volatility, healthy price movement.

CCI (14): 84.08

Bullish
Bullish, momentum building upward.

Takeaway:Meituan shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$92.51
Middle Band (SMA 20)
$78.74
Lower Band
$64.97
Current Position
Within Bands

Takeaway:Meituan trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$89.17
Middle Line (EMA 20)
$81.06
Lower Channel
$72.94
Squeeze Status
No Squeeze

Takeaway:Meituan trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume148.30M
Money Flow Index67.45Bullish, inflows support continued momentum.
Relative Vigor Index51.60Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:3690.HK shows bullish money flow, with volume and vigor supporting buyers.

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

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

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Meituan are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 3690.HK) Technical Analysis FAQ