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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$95.00
HK$3.90(3.94%)
Hong Kong Market opens in 18h 10m

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:Neutral to Bearish (RSI: 49.44)
Trend Strength:Moderate (ADX: 24.07)
Volatility:Medium (ATR: 4.36)
Support/Resistance:$75.59 – $107.58 (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): 49.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 69.72

Bullish
Buying momentum building without extremes.

Williams %R: -42.62

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 14.80

Strongly Bullish
Strong upside momentum.

Takeaway:Alibaba Group Holding Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.36

Medium
Medium volatility, healthy price movement.

CCI (14): -23.57

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$107.58
Middle Band (SMA 20)
$91.59
Lower Band
$75.59
Current Position
Within Bands

Takeaway:Alibaba Group Holding Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$103.91
Middle Line (EMA 20)
$95.19
Lower Channel
$86.48
Squeeze Status
No Squeeze

Takeaway:Alibaba Group Holding Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-413.70K
Money Flow Index73.79Bullish, inflows support continued momentum.
Relative Vigor Index63.75Bullish, price momentum strongly favors buyers.

Overall Takeaway:89988.HK shows bullish money flow, with volume and vigor supporting buyers.

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

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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