
Technical analysis of China Mobile Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
China Mobile Limited is a Hong Kong-based company, incorporated in 1997, operating in the communication services sector across Mainland China and Hong Kong. It provides mobile communications, broadband networks, cellular IoT, and satellite Internet, alongside cloud computing and data center services. The company's portfolio also includes AI services such as data algorithms, embodied intelligence, and industry digital intelligence solutions.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
79.47
−2.41%
50 sessions
79.35
−2.27%
200 sessions
77.32
+0.30%
s2
79.93
Support
s1
80.22
Support
pivot
80.58
Pivot
r1
80.87
Resistance
r2
81.23
Resistance
In the October 20, 2026 session China Mobile Limited closed lower at 77.55 , −3.66% versus the previous session.
The price sits mixed against its moving averages: −2.41% against the 21-session average, −2.27% against the 50 and +0.30% against the 200.
The 14-period RSI reads 33.9, in neutral territory.
MACD stands at 0.193 against a signal line at 0.243: the histogram is negative (−0.051).
ADX reads 21.0, indicating weak directionality.
Levels computed on the latest session place supports at 80.22 and 79.93 and resistances at 80.87 and 81.23 , around a pivot of 80.58.
The average daily range (ATR) is 0.933 , or 1.20% of price.
Turnover was 49.3M shares, 397% of the 20-session average.
Over the last twelve months the price ranged between 72.89 and 82.42 , and today stands −5.91% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
What technical indicators are commonly used to analyze a stock like China Mobile Limited?
For a communication services stock like China Mobile Limited, analysts commonly use trend indicators such as moving averages and MACD, as well as momentum indicators like RSI and Stochastic, to assess price direction and overbought or oversold conditions. Trading volume and Bollinger Bands are also frequently applied to evaluate volatility.
On which timeframes is it useful to perform technical analysis on this stock?
A listed stock like China Mobile Limited can be analyzed across multiple timeframes: weekly or monthly charts help identify long-term trends, while daily or 4-hour charts are suited for medium-term movements. The most appropriate timeframe always depends on the analyst's strategy and time horizon.
How is Elliott Wave theory applied to the technical analysis of a stock like China Mobile Limited?
Elliott Wave theory is based on the principle that asset prices move in recurring sequences of five impulsive waves and three corrective waves, reflecting collective market psychology. When applied to China Mobile Limited, this methodology helps identify potential trend and correction phases on historical price charts, regardless of fundamental context.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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