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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$1.61
HK$0.16(9.01%)
Hong Kong Market is Open · 15:54

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 neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.93)
Trend Strength:Moderate (ADX: 29.91)
Volatility:High (ATR: 0.10)
Support/Resistance:$1.57 – $2.00 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 54.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.94

Bullish
Steady upward momentum.

Takeaway:Dragon Rise Group Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.91

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -56.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:Dragon Rise Group Holdings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.00
Middle Band (SMA 20)
$1.78
Lower Band
$1.57
Current Position
Within Bands

Takeaway:Dragon Rise Group Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.02
Middle Line (EMA 20)
$1.82
Lower Channel
$1.62
Squeeze Status
No Squeeze

Takeaway:Dragon Rise Group Holdings Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume874.13K
Money Flow Index64.17Bullish, inflows support continued momentum.
Relative Vigor Index28.62Bearish, price momentum favors sellers.

Overall Takeaway:6829.HK shows mixed signals in money flow analysis.

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

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Dragon Rise Group Holdings Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 6829.HK) Technical Analysis FAQ