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Asia Grocery Distribution Limited

8413.HKHKSE
Consumer Defensive
Food Distribution
HK$0.10
HK$0.002(2.04%)
Hong Kong Market opens in 13h 22m

Asia Grocery Distribution Limited (8413.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Asia Grocery Distribution Limited (HKSE:8413.HK).

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

Asia Grocery Distribution Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 23.90)
Trend Strength:Very Strong (ADX: 61.32)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.09 – $0.18 (Bollinger Bands)

This mix signals that Asia Grocery Distribution Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 23.90

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 9.18

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.67

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -23.53

Strongly Bearish
Sharp downside momentum.

Takeaway:Asia Grocery Distribution Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 61.32

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -122.85

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Asia Grocery Distribution Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.18
Middle Band (SMA 20)
$0.13
Lower Band
$0.09
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.15
Middle Line (EMA 20)
$0.13
Lower Channel
$0.11
Squeeze Status
No Squeeze

Takeaway:Asia Grocery Distribution Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-54.36M
Money Flow Index16.47Bullish, oversold conditions signal rebound potential.
Relative Vigor Index35.66Bearish, price momentum favors sellers.

Overall Takeaway:8413.HK shows oversold money flow, with rebound potential building.

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

Bullish Signals

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:Asia Grocery Distribution Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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