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Goldway Education Group Limited

8160.HK Technical Analysis Summary (HKSE)

Analyze 8160.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8160.HKHKSE
Consumer DefensiveEducation & Training Services
HK$0.53
HK$0.12(27.71%)
Hong Kong Market opens in 48h 29m

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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

8160.HK Technical Analysis Summary (HKSE)

Goldway Education Group Limited (HKSE: 8160.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.87)
Trend Strength:Strong (ADX: 32.82)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.39 – $0.62 (Bollinger Bands)

Technical conditions suggest Goldway Education Group Limited on the HKSE is awaiting a decisive move. Overall, Goldway Education Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 32.41

Bearish
Momentum remains weak below midpoint.

Williams %R: -27.78

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -8.62

Strongly Bearish
Sharp downside momentum.

Takeaway:Goldway Education Group Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.82

Strong
Strong trend, momentum well established.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 35.91

Bullish
Bullish, momentum building upward.

Takeaway:Goldway Education Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.62
Middle Band (SMA 20)
$0.51
Lower Band
$0.39
Current Position
Within Bands

Takeaway:Goldway Education Group Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.56
Middle Line (EMA 20)
$0.50
Lower Channel
$0.43
Squeeze Status
No Squeeze

Takeaway:Goldway Education Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume187.68K
Money Flow Index38.34Bearish, selling pressure outweighs inflows.
Relative Vigor Index28.78Bearish, price momentum favors sellers.

Overall Takeaway:8160.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Goldway Education Group Limited (HKSE: 8160.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Goldway Education Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 8160.HK) Technical Analysis FAQ