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Shanghai HeartCare Medical Technology Corporation Limited

6609.HK Technical Analysis Summary (HKSE)

Analyze 6609.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6609.HK●HKSE
HealthcareMedical - Devices
HK$50.40
HK$0.35(0.70%)
Hong Kong Market is Open · 10:58

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

6609.HK Technical Analysis Summary (HKSE)

Shanghai HeartCare Medical Technology Corporation Limited (HKSE: 6609.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: 55.61)
Trend Strength:Strong (ADX: 34.78)
Volatility:Medium (ATR: 2.39)
Support/Resistance:$45.83 – $54.06 (Bollinger Bands)

Technical conditions suggest Shanghai HeartCare Medical Technology Corporation Limited on the HKSE is awaiting a decisive move. Technical conditions suggest Shanghai HeartCare Medical Technology Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.37

Bearish
Momentum remains weak below midpoint.

Williams %R: -70.54

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.26

Strongly Bullish
Strong upside momentum.

Takeaway:Shanghai HeartCare Medical Technology Corporation Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.78

Strong
Strong trend, momentum well established.

ATR (14): 2.39

Medium
Medium volatility, healthy price movement.

CCI (14): -29.39

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shanghai HeartCare Medical Technology Corporation Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$54.06
Middle Band (SMA 20)
$49.95
Lower Band
$45.83
Current Position
Within Bands

Takeaway:Shanghai HeartCare Medical Technology Corporation Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$54.40
Middle Line (EMA 20)
$49.62
Lower Channel
$44.85
Squeeze Status
Squeeze On

Takeaway:Shanghai HeartCare Medical Technology Corporation Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-251.90K
Money Flow Index67.11Bullish, inflows support continued momentum.
Relative Vigor Index58.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:6609.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shanghai HeartCare Medical Technology Corporation Limited (HKSE: 6609.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

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Shanghai HeartCare Medical Technology Corporation Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 6609.HK) Technical Analysis FAQ