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China Saftower International Holding Group Limited

8623.HK Technical Analysis Summary (HKSE)

Analyze 8623.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8623.HK●HKSE
IndustrialsElectrical Equipment & Parts
HK$0.14
HK$0.00(0.00%)
Hong Kong Market opens in 14h 44m

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

8623.HK Technical Analysis Summary (HKSE)

China Saftower International Holding Group Limited (HKSE: 8623.HK) stock currently shows a neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.16)
Trend Strength:Moderate (ADX: 24.07)
Support/Resistance:$0.10 – $0.13 (Bollinger Bands)

Technical conditions suggest China Saftower International Holding Group Limited on the HKSE is awaiting a decisive move. Overall, China Saftower International Holding Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 97.22

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 21.62

Strongly Bullish
Strong upside momentum.

Takeaway:China Saftower International Holding Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 24.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 155.35

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:China Saftower International Holding Group Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.13
Middle Band (SMA 20)
$0.12
Lower Band
$0.10
Current Position
Above Upper Band

Takeaway:China Saftower International Holding Group Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.13
Middle Line (EMA 20)
$0.12
Lower Channel
$0.11
Squeeze Status
No Squeeze

Takeaway:China Saftower International Holding Group Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.10M
Money Flow Index85.78Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index55.76Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:8623.HK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of China Saftower International Holding Group Limited (HKSE: 8623.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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for China Saftower International Holding Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 8623.HK) Technical Analysis FAQ