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Taste Gourmet Group Limited

8371.HK Technical Analysis Summary (HKSE)

Analyze 8371.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8371.HK●HKSE
Consumer CyclicalRestaurants
HK$1.89
HK$0.00(0.00%)
Hong Kong Market opens in 8h 26m

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

8371.HK Technical Analysis Summary (HKSE)

Taste Gourmet Group Limited (HKSE: 8371.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.12)
Trend Strength:Strong (ADX: 33.21)
Volatility:Low (ATR: 0.02)
Support/Resistance:$1.86 – $1.93 (Bollinger Bands)

Technical conditions suggest Taste Gourmet Group Limited on the HKSE is awaiting a decisive move. Technical signals confirm buyers remain in control of Taste Gourmet Group Limited’s price action.

Momentum Indicators

RSI (14): 51.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 25.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.53

Neutral
Price change is minimal.

Takeaway:Taste Gourmet Group Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.21

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -70.09

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.93
Middle Band (SMA 20)
$1.89
Lower Band
$1.86
Current Position
Within Bands

Takeaway:Taste Gourmet Group Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.93
Middle Line (EMA 20)
$1.89
Lower Channel
$1.84
Squeeze Status
Squeeze On

Takeaway:Taste Gourmet Group Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume2.29M
Money Flow Index44.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index19.71Bearish, price momentum favors sellers.

Overall Takeaway:8371.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Taste Gourmet Group Limited (HKSE: 8371.HK), 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.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Taste Gourmet Group Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(HKSE: 8371.HK) Technical Analysis FAQ