HSBC HOLDINGS PLC-SPONS ADR (HSBC)

US4042804066 - ADR

45.85  -0.47 (-1.01%)

Technical Rating and Analysis

7

Overall HSBC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HSBC is only an average performer.

HSBC is one of the lesser performing stocks in the Banks industry. 72% of 404 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
HSBC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HSBC is lagging the market slightly.
In the last month HSBC has a been trading in the 44.33 - 47.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HSBC has an average volume of 1161480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HSBC outperforms 64% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
HSBC Weekly chart
HSBC Daily chart
Setup Rating and Analysis

8

HSBC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 45.93, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.60

47.84

5 important support areas can be observed.

  • A support zone ranging from 43.74 to 45.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 42.87 to 42.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @41.29 from a horizontal line in the weekly time frame.
  • A support zone ranging from 40.41 to 40.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @36.97 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 45.93 to 46.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @47.37 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.39
Mansfield-0.22
10 Day High46.58
10 Day Low44.4
20 Day High47.56
20 Day Low44.33
52 Week High47.56
52 Week Low36.93
Performance
1 Week3.07%
2 Weeks-2.2%
1 Month4.09%
3 Month6.12%
6 Month4.37%
12 Month19.94%
2 Year50.1%
3 Year67.34%
5 Year24.32%
10 Year-6.89%
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
RSI(14)56.22
LBB44.24
UBB47.79
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
46.3444.391.95 (4.21%)23.76%
An entry @46.34. This is a Buy Stop order right above the resistance zone.An exit @44.39. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.95 points, which is 4.21%.When investing 23.76% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HSBC Daily chart

HSBC HOLDINGS PLC-SPONS ADR

NYSE:HSBC (11/22/2024, 10:40:56 AM)

45.85

-0.47 (-1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.01%
1 Week3.07%
2 Weeks-2.2%
1 Month4.09%
3 Month6.12%
6 Month4.37%
12 Month19.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%1.76%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.58
10 Day Low44.4
20 Day High47.56
20 Day Low44.33
52 Week High47.56
52 Week Low36.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume271.54K
Volume Incr-24.06%
Vol(5)905.46K
Vol(50)1.16M