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China Hongbao Holdings Limited

8316.HK Technical Analysis Summary (HKSE)

Analyze 8316.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8316.HK●HKSE
IndustrialsEngineering & Construction
HK$0.23
HK$0.01(5.45%)
Hong Kong Market opens in 3h 6m

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

8316.HK Technical Analysis Summary (HKSE)

China Hongbao Holdings Limited (HKSE: 8316.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: 59.14)
Trend Strength:Moderate (ADX: 23.27)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.20 – $0.24 (Bollinger Bands)

Technical conditions suggest China Hongbao Holdings Limited on the HKSE is awaiting a decisive move. Overall, China Hongbao Holdings Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.14

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.33

Bullish
Buying momentum building without extremes.

Williams %R: -3.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.31

Bullish
Steady upward momentum.

Takeaway:China Hongbao Holdings Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 23.27

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 128.73

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:China Hongbao Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.22
Lower Band
$0.20
Current Position
Within Bands

Takeaway:China Hongbao Holdings Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.24
Middle Line (EMA 20)
$0.22
Lower Channel
$0.20
Squeeze Status
No Squeeze

Takeaway:China Hongbao Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.53M
Money Flow Index36.18Bearish, selling pressure outweighs inflows.
Relative Vigor Index48.94Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:8316.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of China Hongbao Holdings Limited (HKSE: 8316.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 China Hongbao Holdings Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 8316.HK) Technical Analysis FAQ