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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$30.28
HK$0.50(1.62%)
Hong Kong Market opens in 10h 10m

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.81)
Trend Strength:Very Strong (ADX: 51.71)
Volatility:High (ATR: 1.52)
Support/Resistance:$28.90 – $35.44 (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): 49.81

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.12

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.64

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.26

Strongly Bearish
Sharp downside momentum.

Takeaway:Bama Tea Co., Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 1.30

Bullish
Bullish, trend momentum is strengthening.

ADX: 51.71

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.52

Low
Low volatility, stable price action.

CCI (14): -135.75

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bama Tea Co., Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$35.44
Middle Band (SMA 20)
$32.17
Lower Band
$28.90
Current Position
Within Bands

Takeaway:Bama Tea Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$34.16
Middle Line (EMA 20)
$31.11
Lower Channel
$28.07
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume1.61M
Money Flow Index39.73Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.56Bearish, price momentum favors sellers.

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

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Bama Tea Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 6980.HK) Technical Analysis FAQ