Addentax Group Corp. (ATXG) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

The nearest decision zone is framed by support around 5.45 and resistance near 7.32. A cleaner push through resistance would improve continuation odds, while a loss of support would weaken the current thesis.

📊 Technical Summary

The latest close for Addentax Group Corp. (ATXG) came in at 6.08 (+2.70%). The stock is back above its 50-day average but still below the 200-day average, which suggests improving short-term tone within a still-repairing long-term structure. 20-day momentum is notably strong at +29.09%; price is trading in the lower part of its roughly 52-week range (3.81–16.65); and ATR14 volatility is elevated at roughly 16.35% of price. RSI(14) stands around 55.8, which keeps the momentum picture broadly balanced. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned above the signal line, supporting a still constructive momentum backdrop. The MACD histogram remains positive, although upside momentum is not accelerating further. Near-term structure is defined by support at 5.45 and resistance at 7.32. A clean break above resistance would strengthen the chart, while a loss of support would put the current setup under pressure. Fundamentals snapshot: Revenue: 2.83M · Net income: -4.20M · EPS (basic): -0.06. The interactive chart adds overlays, pattern context and a fuller structure view for deeper review.

Explore more