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Alibaba Group Holding Limited

89988.HK Technical Analysis Summary (HKSE)

Analyze 89988.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

89988.HK●HKSE
Consumer CyclicalSpecialty Retail
HK$83.40
HK$4.75(5.39%)
Hong Kong Market opens in 62h 34m

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

89988.HK Technical Analysis Summary (HKSE)

Alibaba Group Holding Limited (HKSE: 89988.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: 33.32)
Trend Strength:Weak (ADX: 15.86)
Volatility:Medium (ATR: 3.22)
Support/Resistance:$85.83 – $95.95 (Bollinger Bands)

Technical conditions suggest Alibaba Group Holding Limited on the HKSE is awaiting a decisive move. This mix signals that Alibaba Group Holding Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 33.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.82

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.56

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.18

Strongly Bearish
Sharp downside momentum.

Takeaway:Alibaba Group Holding Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.78

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.86

Weak
Weak trend, market trading sideways.

ATR (14): 3.22

Medium
Medium volatility, healthy price movement.

CCI (14): -232.25

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$95.95
Middle Band (SMA 20)
$90.89
Lower Band
$85.83
Current Position
Below Lower Band

Takeaway:Alibaba Group Holding Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$97.18
Middle Line (EMA 20)
$90.74
Lower Channel
$84.30
Squeeze Status
Squeeze On

Takeaway:Alibaba Group Holding Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-549.68K
Money Flow Index42.50Neutral, balanced money flows with no clear signal.
Relative Vigor Index32.42Bearish, price momentum favors sellers.

Overall Takeaway:89988.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Alibaba Group Holding Limited (HKSE: 89988.HK), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(HKSE: 89988.HK) Technical Analysis FAQ