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China Aluminum Cans Holdings Limited

6898.HK Technical Analysis Summary (HKSE)

Analyze 6898.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6898.HK●HKSE
Consumer CyclicalPackaging & Containers
HK$0.71
HK$0.08(9.55%)
Hong Kong Market opens in 11h 19m

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

6898.HK Technical Analysis Summary (HKSE)

China Aluminum Cans Holdings Limited (HKSE: 6898.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: 46.89)
Trend Strength:Weak (ADX: 11.39)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.70 – $0.90 (Bollinger Bands)

Technical conditions suggest China Aluminum Cans Holdings Limited on the HKSE is awaiting a decisive move. Technical conditions suggest China Aluminum Cans Holdings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.89

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 62.50

Bullish
Buying momentum building without extremes.

Williams %R: -40.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.64

Neutral
Price change is minimal.

Takeaway:China Aluminum Cans Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.39

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -10.65

Neutral
Neutral, no strong directional signal.

Takeaway:China Aluminum Cans Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.90
Middle Band (SMA 20)
$0.80
Lower Band
$0.70
Current Position
Within Bands

Takeaway:China Aluminum Cans Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.89
Middle Line (EMA 20)
$0.80
Lower Channel
$0.71
Squeeze Status
No Squeeze

Takeaway:China Aluminum Cans Holdings Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-18.36M
Money Flow Index44.99Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.81Bearish, price momentum favors sellers.

Overall Takeaway:6898.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of China Aluminum Cans Holdings Limited (HKSE: 6898.HK), 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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:China Aluminum Cans Holdings Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(HKSE: 6898.HK) Technical Analysis FAQ