Nine Dragons Paper (Holdings) (2689.HK) Technical Analysis
As of 2026-07-22, 2689.HK last traded at 7.84 HKD (+0.64% on the day) and is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Nearest levels: 6.91 HKD support below, 8.5 HKD resistance above. 14-day RSI is 63.2 (bullish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is 2689.HK in an uptrend or downtrend?
Nine Dragons Paper (Holdings) is in a uptrend — price above rising 50-DMA, 50-DMA above 200-DMA.
| Last close | 7.84 HKD (+0.64%) |
|---|---|
| 20-day average | 7.199 HKD |
| 50-day average | 6.822 HKD |
| 200-day average | 6.751 HKD |
Key support and resistance levels for 2689.HK
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 8.5 HKD | Resistance | Minor | 1 |
| 8.65 HKD | Resistance | Minor | 1 |
| 9.97 HKD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 6.91 HKD | Support | Minor | 1 |
| 6.77 HKD | Support | Minor | 1 |
| 6.71 HKD | Support | Minor | 1 |
2689.HK 52-week range, momentum and volatility
| 52-week high | 9.97 HKD (21.4% below) |
|---|---|
| 52-week low | 3.43 HKD (128.6% above) |
| 14-day RSI | 63.2 (Bullish) |
| 14-day ATR | 0.444 HKD (5.66% of price, High volatility) |
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Frequently asked questions
Is Nine Dragons Paper (Holdings) (2689.HK) in an uptrend or downtrend?
As of 2026-07-22, 2689.HK is in a uptrend on the daily timeframe — price above rising 50-DMA, 50-DMA above 200-DMA. Last close 7.84 HKD vs 50-day average 6.822 HKD and 200-day average 6.751 HKD.
What are the key support and resistance levels for 2689.HK?
Nearest support is around 6.91 HKD (minor, 1 touch). Nearest resistance is around 8.5 HKD (minor). Levels are derived from swing pivots over the last ~200 sessions.
What is 2689.HK's 52-week high and low?
Over the last 52 weeks, 2689.HK traded between 3.43 HKD and 9.97 HKD. It is currently 21.4% below its 52-week high.
Is 2689.HK overbought or oversold?
The 14-day RSI is 63.2 — in a neutral 30–70 range. Momentum reads as bullish.
How volatile is 2689.HK?
Its 14-day Average True Range is 0.444 (5.66% of price) — high volatility relative to price.