Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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$21.72
HK$0.22(1.02%)
Hong Kong Market is Open · 11:49

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:Bearish to Weak (RSI: 38.62)
Trend Strength:Moderate (ADX: 20.00)
Volatility:Medium (ATR: 0.81)
Support/Resistance:$20.32 – $26.64 (Bollinger Bands)

Technical conditions suggest MINISO Group Holding Ltd on the HKSE is awaiting a decisive move. Overall, MINISO Group Holding Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.62

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.12

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.06

Strongly Bearish
Sharp downside momentum.

Takeaway:MINISO Group Holding Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.75

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.00

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.81

Low
Low volatility, stable price action.

CCI (14): -54.58

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.64
Middle Band (SMA 20)
$23.48
Lower Band
$20.32
Current Position
Within Bands

Takeaway:MINISO Group Holding Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$24.52
Middle Line (EMA 20)
$22.90
Lower Channel
$21.27
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-46.72M
Money Flow Index20.46Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.88Neutral to Bearish, sellers hold a slight edge.

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

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 MINISO Group Holding Ltd are mixed, suggesting a Hold or wait-and-see approach.

(HKSE: 9896.HK) Technical Analysis FAQ