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Red Avenue New Materials Group Co., Ltd.

9607.HK Technical Analysis Summary (HKSE)

Analyze 9607.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

9607.HK●HKSE
Basic MaterialsChemicals - Specialty
HK$38.02
HK$0.18(0.48%)
Hong Kong Market opens in 47h 49m

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

9607.HK Technical Analysis Summary (HKSE)

Red Avenue New Materials Group Co., Ltd. (HKSE: 9607.HK) stock currently shows a bearish trend on the HKSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.54)
Trend Strength:Moderate (ADX: 25.22)
Volatility:High (ATR: 2.15)

Technical conditions suggest Red Avenue New Materials Group Co., Ltd. on the HKSE is awaiting a decisive move. This mix signals that Red Avenue New Materials Group Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 34.54

Bearish
Below midpoint indicates downward pressure.

Williams %R: -69.77

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.70

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.61

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.22

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.15

Medium
Medium volatility, healthy price movement.

CCI (14): -84.98

Bearish
Bearish, momentum remains under pressure.

Takeaway:Red Avenue New Materials Group Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$43.40
Middle Line (EMA 20)
$39.09
Lower Channel
$34.79
Squeeze Status
Unknown

Takeaway:Red Avenue New Materials Group Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.04M
Money Flow Index48.65Neutral, balanced money flows with no clear signal.
Relative Vigor Index22.33Bearish, price momentum favors sellers.

Overall Takeaway:9607.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Red Avenue New Materials Group Co., Ltd. (HKSE: 9607.HK), 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Insufficient data to provide a recommendation for Red Avenue New Materials Group Co., Ltd..

(HKSE: 9607.HK) Technical Analysis FAQ