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Asia Grocery Distribution Limited

8413.HK Technical Analysis Summary (HKSE)

Analyze 8413.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8413.HK●HKSE
Consumer DefensiveFood Distribution
HK$0.04
HK$0.002(4.26%)
Hong Kong Market is Open · 13:03

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

8413.HK Technical Analysis Summary (HKSE)

Asia Grocery Distribution Limited (HKSE: 8413.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.44)
Trend Strength:Weak (ADX: 13.84)
Support/Resistance:$0.04 – $0.05 (Bollinger Bands)

Technical conditions suggest Asia Grocery Distribution Limited on the HKSE is awaiting a decisive move. Overall, Asia Grocery Distribution Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.90

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.43

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.17

Bearish
Selling pressure outweighs buying.

Takeaway:Asia Grocery Distribution Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 13.84

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -83.76

Bearish
Bearish, momentum remains under pressure.

Takeaway:Asia Grocery Distribution Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.05
Lower Band
$0.04
Current Position
Within Bands

Takeaway:Asia Grocery Distribution Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.05
Lower Channel
$0.04
Squeeze Status
No Squeeze

Takeaway:Asia Grocery Distribution Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-58.38M
Money Flow Index45.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index27.27Bearish, price momentum favors sellers.

Overall Takeaway:8413.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Asia Grocery Distribution Limited (HKSE: 8413.HK), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Asia Grocery Distribution Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 8413.HK) Technical Analysis FAQ