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Bama Tea Co., Ltd.

6980.HK Technical Analysis Summary (HKSE)

Analyze 6980.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

6980.HK●HKSE
Consumer DefensivePackaged Foods
HK$22.66
HK$0.16(0.71%)
Hong Kong Market opens in 19h 13m

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

6980.HK Technical Analysis Summary (HKSE)

Bama Tea Co., Ltd. (HKSE: 6980.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 24.62)
Trend Strength:Very Strong (ADX: 44.99)
Volatility:High (ATR: 1.25)
Support/Resistance:$22.80 – $30.01 (Bollinger Bands)

Technical conditions suggest Bama Tea Co., Ltd. on the HKSE is awaiting a decisive move. Overall, Bama Tea Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 24.62

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 2.93

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.49

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.14

Strongly Bearish
Sharp downside momentum.

Takeaway:Bama Tea Co., Ltd. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.99

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.25

Low
Low volatility, stable price action.

CCI (14): -156.31

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bama Tea Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.01
Middle Band (SMA 20)
$26.41
Lower Band
$22.80
Current Position
Below Lower Band

Takeaway:Bama Tea Co., Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$28.62
Middle Line (EMA 20)
$26.12
Lower Channel
$23.63
Squeeze Status
No Squeeze

Takeaway:Bama Tea Co., Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume605.50K
Money Flow Index14.23Bullish, oversold conditions signal rebound potential.
Relative Vigor Index41.88Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:6980.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Bama Tea Co., Ltd. (HKSE: 6980.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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bama Tea Co., Ltd. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(HKSE: 6980.HK) Technical Analysis FAQ