China Merchants Land (0978.HK) Technical Analysis
As of 2026-07-22, 0978.HK last traded at 0.237 HKD (-1.25% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 0.236 HKD support below, 0.25 HKD resistance above. 14-day RSI is 51.4 (neutral).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 0978.HK in an uptrend or downtrend?
China Merchants Land is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 0.237 HKD (-1.25%) |
|---|---|
| 20-day average | 0.24075 HKD |
| 50-day average | 0.25836 HKD |
| 200-day average | 0.26971 HKD |
Key support and resistance levels for 0978.HK
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 0.25 HKD | Resistance | Minor | 1 |
| 0.255 HKD | Resistance | Moderate | 2 |
| 0.26 HKD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 0.236 HKD | Support | Strong | 3 |
| 0.231 HKD | Support | Minor | 1 |
| 0.2265 HKD | Support | Moderate | 2 |
0978.HK 52-week range, momentum and volatility
| 52-week high | 0.325 HKD (27.1% below) |
|---|---|
| 52-week low | 0.226 HKD (4.9% above) |
| 14-day RSI | 51.4 (Neutral) |
| 14-day ATR | 0.01143 HKD (4.82% of price, High volatility) |
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Frequently asked questions
Is China Merchants Land (0978.HK) in an uptrend or downtrend?
As of 2026-07-22, 0978.HK is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 0.237 HKD vs 50-day average 0.25836 HKD and 200-day average 0.26971 HKD.
What are the key support and resistance levels for 0978.HK?
Nearest support is around 0.236 HKD (strong, 3 touches). Nearest resistance is around 0.25 HKD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 0978.HK's 52-week high and low?
Over the last 52 weeks, 0978.HK traded between 0.226 HKD and 0.325 HKD. It is currently 27.1% below its 52-week high.
Is 0978.HK overbought or oversold?
The 14-day RSI is 51.4 — in a neutral 30–70 range. Momentum reads as neutral.
How volatile is 0978.HK?
Its 14-day Average True Range is 0.01143 (4.82% of price) — high volatility relative to price.