CHINA HGS REAL ESTATE INC (HGSH) Technical Analysis
NASDAQ:HGSH
Current stock price
HGSH Technical Rating and Analysis
Taking everything into account, HGSH scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, HGSH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- HGSH is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 95% of 62 stocks in the same industry.
- Looking at the yearly performance, HGSH did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- HGSH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HGSH is lagging the market slightly.
- In the last month HGSH has a been trading in the 2.23 - 3.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HGSH Weekly and Daily overview Charts
HGSH Setup Rating and Analysis
Although HGSH has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
HGSH Support and Resistance Analysis
1.68
We found 3 important support areas.
- Support @2.87 from a horizontal line in the daily time frame.
- A support zone ranging from 1.77 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.10 to 3.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.48 from a horizontal line in the daily time frame.
HGSH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HGSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HGSH is up. |
| ChartMill Relative Strength | 95.38 | POSITIVE | HGSH has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HGSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HGSH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HGSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.51 | NEUTRAL | The RSI value for HGSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HGSH has a negative trend. |
| Stochastics (14,3) | 31.3 | NEUTRAL | The Stochastics value for HGSH is a neutral value. |
| Average True Range in percent/ATR (20) | 12.51 | HIGH VOLATILITY | The high ATR as a percentage value for HGSH suggests high volalility. |
HGSH Chart- and CandleStick Pattern Analysis
HGSH Technicals: Chart, Performance Metrics, Trend & Indicators
3.02
+0.06 (+1.85%)
CHINA HGS REAL ESTATE INC / HGSH TA FAQ
What is the ChartMill technical rating of CHINA HGS REAL ESTATE INC (HGSH) stock?
ChartMill assigns a technical rating of 7 / 10 to HGSH.
What is the current trend direction of CHINA HGS REAL ESTATE INC (HGSH) stock?
The current trend direction for CHINA HGS REAL ESTATE INC (HGSH) is Bullish.
What is the RSI signal for HGSH stock?
CHINA HGS REAL ESTATE INC (HGSH) has an RSI value of 53.5104. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHINA HGS REAL ESTATE INC?
The MACD indicator for CHINA HGS REAL ESTATE INC (HGSH) has a value of -0.0300585, indicating a bearish trend.
What are the support and resistance levels for CHINA HGS REAL ESTATE INC (HGSH) stock?
CHINA HGS REAL ESTATE INC (HGSH) has a support level at 2.87 and a resistance level at 3.1. Check the full technical report for our detailed analysis of HGSH support and resistance levels.