Dawnrays Pharmaceutical (Holdings) (2348.HK) Technical Analysis
As of 2026-07-22, 2348.HK last traded at 1 HKD (0.00% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 0.99 HKD support below, 1.01 HKD resistance above. 14-day RSI is 50 (neutral).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 2348.HK in an uptrend or downtrend?
Dawnrays Pharmaceutical (Holdings) is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 1 HKD (0.00%) |
|---|---|
| 20-day average | 1 HKD |
| 50-day average | 1.047 HKD |
| 200-day average | 1.145 HKD |
Key support and resistance levels for 2348.HK
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1.01 HKD | Resistance | Minor | 1 |
| 1.02 HKD | Resistance | Minor | 1 |
| 1.04 HKD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 0.99 HKD | Support | Strong | 4 |
| 0.98 HKD | Support | Minor | 1 |
2348.HK 52-week range, momentum and volatility
| 52-week high | 1.47 HKD (32% below) |
|---|---|
| 52-week low | 0.98 HKD (2% above) |
| 14-day RSI | 50 (Neutral) |
| 14-day ATR | 0.007 HKD (0.71% of price, Low volatility) |
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Frequently asked questions
Is Dawnrays Pharmaceutical (Holdings) (2348.HK) in an uptrend or downtrend?
As of 2026-07-22, 2348.HK is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 1 HKD vs 50-day average 1.047 HKD and 200-day average 1.145 HKD.
What are the key support and resistance levels for 2348.HK?
Nearest support is around 0.99 HKD (strong, 4 touches). Nearest resistance is around 1.01 HKD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 2348.HK's 52-week high and low?
Over the last 52 weeks, 2348.HK traded between 0.98 HKD and 1.47 HKD. It is currently 32.0% below its 52-week high.
Is 2348.HK overbought or oversold?
The 14-day RSI is 50.0 — in a neutral 30–70 range. Momentum reads as neutral.
How volatile is 2348.HK?
Its 14-day Average True Range is 0.007 (0.71% of price) — low volatility relative to price.