Canopy SkyFire Group Limited

Canopy SkyFire Group Limited (8245.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Canopy SkyFire Group Limited.

8245.HKHKSE
TechnologyCommunication Equipment
HK$0.11
HK$0.00(0.00%)
Hong Kong Market opens in 38h 10m

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8245.HK Technical Analysis Summary

Canopy SkyFire Group Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.40)
Trend Strength:Moderate (ADX: 22.92)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.07 – $0.12 (Bollinger Bands)

Overall, Canopy SkyFire Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.40

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.19

Bullish
Buying momentum building without extremes.

Williams %R: -37.04

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 35.80

Strongly Bullish
Strong upside momentum.

Takeaway:Canopy SkyFire Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.92

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 92.52

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.12
Middle Band (SMA 20)
$0.09
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Canopy SkyFire Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.12
Middle Line (EMA 20)
$0.10
Lower Channel
$0.08
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-33.68M
Money Flow Index41.56Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.39Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:8245.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Canopy SkyFire Group Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

No significant bearish signals detected.

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

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