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Dragon Rise Group Holdings Limited

6829.HK Technical Analysis Summary (HKSE)

Analyze 6829.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6829.HK●HKSE
IndustrialsEngineering & Construction
HK$2.80
HK$0.10(3.70%)
Hong Kong Market opens in 1h 50m

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

6829.HK Technical Analysis Summary (HKSE)

Dragon Rise Group Holdings Limited (HKSE: 6829.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.20)
Trend Strength:Strong (ADX: 37.66)
Volatility:High (ATR: 0.24)
Support/Resistance:$1.77 – $3.12 (Bollinger Bands)

Technical conditions suggest Dragon Rise Group Holdings Limited on the HKSE is awaiting a decisive move. Overall, Dragon Rise Group Holdings Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.49

Bullish
Buying momentum building without extremes.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 22.81

Strongly Bullish
Strong upside momentum.

Takeaway:Dragon Rise Group Holdings Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.66

Strong
Strong trend, momentum well established.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): 74.79

Bullish
Bullish, momentum building upward.

Takeaway:Dragon Rise Group Holdings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.12
Middle Band (SMA 20)
$2.44
Lower Band
$1.77
Current Position
Within Bands

Takeaway:Dragon Rise Group Holdings Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.96
Middle Line (EMA 20)
$2.47
Lower Channel
$1.98
Squeeze Status
No Squeeze

Takeaway:Dragon Rise Group Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.63M
Money Flow Index58.32Neutral, balanced money flows with no clear signal.
Relative Vigor Index65.40Bullish, price momentum strongly favors buyers.

Overall Takeaway:6829.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Dragon Rise Group Holdings Limited (HKSE: 6829.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 Dragon Rise Group Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 6829.HK) Technical Analysis FAQ