Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Bingo Group Holdings Limited

8220.HK Technical Analysis Summary (HKSE)

Analyze 8220.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8220.HK●HKSE
Communication ServicesEntertainment
HK$4.68
HK$0.12(2.50%)
Hong Kong Market opens in 4h 20m

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

8220.HK Technical Analysis Summary (HKSE)

Bingo Group Holdings Limited (HKSE: 8220.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: 44.31)
Trend Strength:Strong (ADX: 34.04)
Volatility:High (ATR: 0.40)
Support/Resistance:$4.44 – $5.67 (Bollinger Bands)

Technical conditions suggest Bingo Group Holdings Limited on the HKSE is awaiting a decisive move. This mix signals that Bingo Group Holdings Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.43

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.35

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.95

Strongly Bearish
Sharp downside momentum.

Takeaway:Bingo Group Holdings Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.04

Strong
Strong trend, momentum well established.

ATR (14): 0.40

Low
Low volatility, stable price action.

CCI (14): -172.06

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.67
Middle Band (SMA 20)
$5.05
Lower Band
$4.44
Current Position
Within Bands

Takeaway:Bingo Group Holdings Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5.78
Middle Line (EMA 20)
$4.98
Lower Channel
$4.18
Squeeze Status
Squeeze On

Takeaway:Bingo Group Holdings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume5.64M
Money Flow Index34.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.45Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:8220.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Bingo Group Holdings Limited (HKSE: 8220.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 Bingo Group Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 8220.HK) Technical Analysis FAQ