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Shuangdeng Group Co., Ltd.

6960.HK Technical Analysis Summary (HKSE)

Analyze 6960.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6960.HK●HKSE
IndustrialsElectrical Equipment & Parts
HK$7.51
HK$0.37(4.70%)
Hong Kong Market opens in 14h 44m

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

6960.HK Technical Analysis Summary (HKSE)

Shuangdeng Group Co., Ltd. (HKSE: 6960.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: 45.86)
Trend Strength:Moderate (ADX: 29.38)
Volatility:High (ATR: 0.42)
Support/Resistance:$6.31 – $8.34 (Bollinger Bands)

Technical conditions suggest Shuangdeng Group Co., Ltd. on the HKSE is awaiting a decisive move. Technical conditions suggest Shuangdeng Group Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.86

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 65.37

Bullish
Buying momentum building without extremes.

Williams %R: -53.45

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 9.24

Strongly Bullish
Strong upside momentum.

Takeaway:Shuangdeng Group Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.38

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.42

Low
Low volatility, stable price action.

CCI (14): 1.52

Neutral
Neutral, no strong directional signal.

Takeaway:Shuangdeng Group Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.34
Middle Band (SMA 20)
$7.33
Lower Band
$6.31
Current Position
Within Bands

Takeaway:Shuangdeng Group Co., Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$8.43
Middle Line (EMA 20)
$7.59
Lower Channel
$6.75
Squeeze Status
No Squeeze

Takeaway:Shuangdeng Group Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.87M
Money Flow Index82.07Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index52.05Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:6960.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shuangdeng Group Co., Ltd. (HKSE: 6960.HK), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Shuangdeng Group Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(HKSE: 6960.HK) Technical Analysis FAQ