Technical Indicator Analysis of Canbridge Pharmaceuticals (1228.HK)

Based on the latest data analysis, the technical indicators of Canbridge Pharmaceuticals

. The following is a detailed analysis:

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Indicator	Current Value	Status
RSI(14)	44.78	✅ Normal range (30-70)
KDJ - K Value	26.92	✅ Normal range
MACD	-0.0118	📉 Negative value, weak
Bollinger Band Position	0.22	📊 Close to lower band

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• Current RSI = 44.78
  , which is within the normal range and far from the overbought area above 70
• Annual RSI change trajectory
  :
  • Annual highest RSI: 92.50 (once entered the overbought area)
  • Annual lowest RSI:1.69 (severely oversold)
  • Average RSI:42.51
• RSI trend in the last 30 days
  : rose from 19.87 to 44.78, a rebound of about 25 points, indicating gradual recovery from the oversold area

• K value =26.92, D value=17.43
  , both within the normal range of 20-80
• Did not reach the overbought threshold above 80

• Bollinger Band position=0.22
  (0=lower band,1=upper band)
• The stock price moves close to the lower band, indicating that it is currently in a relatively weak area

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1. No overbought risk currently
   : Although you mentioned a full-year increase of 1824%, as of January 6, 2025, the latest closing price is $0.134, which has fallen sharply from the annual high [0]

2. Weak technical signal
   : MACD is negative, and the stock price is below the 50-day moving average ($0.18), indicating that the medium-term trend remains weak [0]

3. Risk reminder
   : Although there is no overbought currently, this stock has extremely high volatility (RSI annual fluctuation range:1.69-92.50), and investors need to pay attention to risks

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. On the contrary, after experiencing severe fluctuations, this stock is gradually rebounding from the oversold area. RSI, KDJ, and Bollinger Bands all show that the stock price is in a relatively reasonable range, but the medium-term trend remains weak; it is recommended that investors pay close attention to subsequent trends.

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[0] Gilin AI Brokerage API Data - Technical Analysis Data of Canbridge Pharmaceuticals (1228.HK)