HONG KONG PHARMA DIGITAL TEC (HKPD) Stock Technical Analysis
USA - NASDAQ:HKPD - KYG6365B1041 - Common Stock
We assign a technical rating of 2 out of 10 to HKPD. HKPD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HKPD is bad and it also does not present a quality setup 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.
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0.99
When analyzing the support we can see 3 important areas.
- Support @1.13 from a trend line in the weekly time frame.
- Support @1.04 from a trend line in the daily time frame.
- Support @1.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.45 from a trend line in the weekly time frame.
- Resistance @1.53 from a horizontal line in the weekly time frame.
- Resistance @2.09 from a trend line in the daily time frame.
- Resistance @2.20 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for HKPD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HKPD is neutral. |
| 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 | MIXED | The current price of HKPD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HKPD is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.97 | NEUTRAL | The RSI value for HKPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HKPD has a positive trend. |
| Stochastics (14,3) | 49.92 | NEUTRAL | The Stochastics value for HKPD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.43 | HIGH VOLATILITY | The high ATR as a percentage value for HKPD suggests high volalility. |
| Average Directional Index/ADX (14) | 32.52 | POSITIVE | The high ADX value value for HKPD suggests a strong trend. |
1.4
-0.31 (-18.13%)
HONG KONG PHARMA DIGITAL TEC / HKPD FAQ
What is the technical rating for HKPD stock?
ChartMill assigns a technical rating of 2 / 10 to HKPD.
Can you provide the trend direction for HONG KONG PHARMA DIGITAL TEC?
The current trend direction for HONG KONG PHARMA DIGITAL TEC (HKPD) is Bearish.
What is the RSI signal for HONG KONG PHARMA DIGITAL TEC (HKPD) stock?
HONG KONG PHARMA DIGITAL TEC (HKPD) has an RSI value of 52.9723. This indicates that the stock is currently neutral.
What is the short term momentum for HONG KONG PHARMA DIGITAL TEC (HKPD) stock?
The short term momentum for HONG KONG PHARMA DIGITAL TEC (HKPD) is neutral.