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Global New Material International Holdings Limited

Global New Material International Holdings Limited (6616.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Global New Material International Holdings Limited.

6616.HK●HKSE
Basic MaterialsChemicals
HK$6.86
HK$0.14(2.08%)
Hong Kong Market opens in 41h 5m
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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

6616.HK Technical Analysis Summary

Global New Material International Holdings Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.34)
Trend Strength:Weak (ADX: 17.67)
Volatility:High (ATR: 0.36)
Support/Resistance:$6.74 – $7.67 (Bollinger Bands)

This mix signals that Global New Material International Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 38.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.83

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.62

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.77

Strongly Bearish
Sharp downside momentum.

Takeaway:Global New Material International Holdings Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.67

Weak
Weak trend, market trading sideways.

ATR (14): 0.36

Low
Low volatility, stable price action.

CCI (14): -137.95

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Global New Material International Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.67
Middle Band (SMA 20)
$7.21
Lower Band
$6.74
Current Position
Within Bands

Takeaway:Global New Material International Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$7.95
Middle Line (EMA 20)
$7.22
Lower Channel
$6.49
Squeeze Status
Squeeze On

Takeaway:Global New Material International Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume19.50M
Money Flow Index49.31Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.66Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:6616.HK shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Global New Material International Holdings Limited, 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.

Overall Recommendation:Technical indicators for Global New Material International Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

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