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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$23.96
HK$0.62(2.52%)
Hong Kong Market opens in 19h 5m

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 neutral trend on the HKSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.59)
Trend Strength:Weak (ADX: 19.97)
Volatility:Medium (ATR: 0.96)
Support/Resistance:$21.68 – $25.75 (Bollinger Bands)

Technical conditions suggest MINISO Group Holding Ltd on the HKSE is awaiting a decisive move. Technical conditions suggest MINISO Group Holding Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 62.11

Bullish
Buying momentum building without extremes.

Williams %R: -48.11

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.44

Bullish
Steady upward momentum.

Takeaway:MINISO Group Holding Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.97

Weak
Weak trend, market trading sideways.

ATR (14): 0.96

Low
Low volatility, stable price action.

CCI (14): 6.30

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.75
Middle Band (SMA 20)
$23.72
Lower Band
$21.68
Current Position
Within Bands

Takeaway:MINISO Group Holding Ltd trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$26.08
Middle Line (EMA 20)
$24.17
Lower Channel
$22.26
Squeeze Status
No Squeeze

Takeaway:MINISO Group Holding Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-31.28M
Money Flow Index29.10Bearish, selling pressure outweighs inflows.
Relative Vigor Index28.37Bearish, price momentum favors sellers.

Overall Takeaway:9896.HK shows bearish money flow, with sellers dominating volume and vigor.

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

MACD above 0 → bullish trend confirmation.

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:MINISO Group Holding Ltd shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(HKSE: 9896.HK) Technical Analysis FAQ