CHINA HGS REAL ESTATE INC (HGSH) Stock Technical Analysis
NASDAQ:HGSH - Nasdaq - Common Stock
Taking everything into account, HGSH scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HGSH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
HGSH is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 100% of 66 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that HGSH is one of the better performing stocks in the market, outperforming 95% of all 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.
Although HGSH has an excellent technical rating, it does not present a decent entry opportunity 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
1.68
3.51
3 important support areas can be observed.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.38
Mansfield3.93
10 Day High3.8
10 Day Low2.67
20 Day High3.8
20 Day Low2.23
52 Week High3.8
52 Week Low1.4
Performance
1 Week2.37%
2 Weeks3.07%
1 Month11.44%
3 Month29.61%
6 Month106.85%
12 Month46.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.03
RSI(14)53.51
LBB2.69
UBB3.45
3.02
+0.06 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.85%
1 Week2.37%
2 Weeks3.07%
1 Month11.44%
3 Month29.61%
6 Month106.85%
12 Month46.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%12.51%
ATR Inc-40.7%
Range Today0.3
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.38
Mansfield3.93
10 Day High3.8
10 Day Low2.67
20 Day High3.8
20 Day Low2.23
52 Week High3.8
52 Week Low1.4
CS1 End2.87
CR1 Start3.1
Volume & EV
DER(3)-9.7%
DER(5)-10.03%
Volume47.20K
Volume Incr59.04%
Vol(5)178.48K
Vol(50)269.47K