We assign a technical rating of 0 out of 10 to HKPD. HKPD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HKPD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
0.78
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HKPD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HKPD is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HKPD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HKPD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HKPD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HKPD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.32 | NEUTRAL | The RSI value for HKPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HKPD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.91 | OVERSOLD | The low Stochastics value suggests HKPD may be oversold. |
| Average True Range in percent/ATR (20) | 14.17 | HIGH VOLATILITY | The high ATR as a percentage value for HKPD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.47 | POSITIVE | The high ADX value value for HKPD suggests a strong trend. |
0.7922
+0.01 (+1.55%)
ChartMill assigns a technical rating of 0 / 10 to HKPD.
The current trend direction for HONG KONG PHARMA DIGITAL TEC (HKPD) is Bearish.
HONG KONG PHARMA DIGITAL TEC (HKPD) has an RSI value of 30.3182. This indicates that the stock is currently neutral.
The short term momentum for HONG KONG PHARMA DIGITAL TEC (HKPD) is negative.
The buy/sell signal for HONG KONG PHARMA DIGITAL TEC (HKPD) is sell as both the short term and long term trends are negative.