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MINISO Group Holding Ltd

9896.HK Technical Analysis Summary (HKSE)

Analyze 9896.HK on the HKSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

9896.HK●HKSE
Consumer CyclicalSpecialty Retail
HK$19.87
HK$0.25(1.27%)
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

9896.HK Technical Analysis Summary (HKSE)

MINISO Group Holding Ltd (HKSE: 9896.HK) stock currently shows a bullish trend on the HKSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.79)
Trend Strength:Strong (ADX: 32.43)
Volatility:Medium (ATR: 0.68)
Support/Resistance:$16.21 – $20.86 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 51.79

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.74

Bullish
Buying momentum building without extremes.

Williams %R: -47.61

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.01

Bullish
Steady upward momentum.

Takeaway:MINISO Group Holding Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.43

Strong
Strong trend, momentum well established.

ATR (14): 0.68

Low
Low volatility, stable price action.

CCI (14): 19.62

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.86
Middle Band (SMA 20)
$18.54
Lower Band
$16.21
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$20.36
Middle Line (EMA 20)
$19.00
Lower Channel
$17.65
Squeeze Status
No Squeeze

Takeaway:MINISO Group Holding Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-52.77M
Money Flow Index64.85Bullish, inflows support continued momentum.
Relative Vigor Index36.70Bearish, price momentum favors sellers.

Overall Takeaway:9896.HK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of MINISO Group Holding Ltd (HKSE: 9896.HK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

RVI below 50 → vigor tilted toward sellers.

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

(HKSE: 9896.HK) Technical Analysis FAQ