HSBC HOLDINGS PLC-SPONS ADR (HSBC) Stock Technical Analysis
NYSE:HSBC - New York Stock Exchange, Inc. - US4042804066 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to HSBC. Both in the recent history as in the last year, HSBC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HSBC is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, HSBC also shows a nice and consistent pattern of rising prices.
HSBC is one of the better performing stocks in the Banks industry, it outperforms 96% of 405 stocks in the same industry.
A new 52 week high is currently being made by HSBC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HSBC is leading the market.
In the last month HSBC has a been trading in the 50.69 - 59.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HSBC has an average volume of 2140390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HSBC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.30
60.51
We found 6 important support areas.
- Support @54.15 from a trend line in the daily time frame.
- A support zone ranging from 51.29 to 52.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.94 from a trend line in the daily time frame.
- Support @46.81 from a trend line in the weekly time frame.
- Support @44.88 from a horizontal line in the daily time frame.
- Support @43.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.54
Mansfield2.47
10 Day High59.91
10 Day Low54.91
20 Day High59.91
20 Day Low50.69
52 Week High59.91
52 Week Low36.93
Performance
1 Week6.83%
2 Weeks8.55%
1 Month13.75%
3 Month27.77%
6 Month34.75%
12 Month53.69%
2 Year56.38%
3 Year73.45%
5 Year78.46%
10 Year34.27%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.29
RSI(14)80.96
LBB53.16
UBB59.63
59.91
+1.72 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.96%
1 Week6.83%
2 Weeks8.55%
1 Month13.75%
3 Month27.77%
6 Month34.75%
12 Month53.69%
2 Year56.38%
3 Year73.45%
5 Year78.46%
10 Year34.27%
15 YearN/A
Volatility
ATR(14)1
ATR(20)%1.6%
ATR Inc21.44%
Range Today1.23
ADR(20)0.61
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.54
Mansfield2.47
10 Day High59.91
10 Day Low54.91
20 Day High59.91
20 Day Low50.69
52 Week High59.91
52 Week Low36.93
CS1 End54.15
CR1 StartN/A
Volume & EV
DER(3)1.56%
DER(5)0.16%
Volume24.04M
Volume Incr444.99%
Vol(5)8.82M
Vol(50)2.14M