CHINA HGS REAL ESTATE INC (HGSH)

Common Stock

3.02  +0.06 (+1.85%)

After market: 3.02 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to HGSH. 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.

Both the short term and long term trends are positive. This is a very positive sign.
HGSH is part of the Real Estate Management & Development industry. There are 66 other stocks in this industry. HGSH outperforms 98% of them.
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 currently trading near new highs, so HGSH is lagging the market.
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.
Weekly and Daily overview Charts
HGSH Weekly chart
HGSH Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

1.68

3.51

When analyzing the support we can see 3 important 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.

2 important resistance areas can be observed.

  • 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.
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
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
HGSH Daily chart

CHINA HGS REAL ESTATE INC

NASDAQ:HGSH (3/22/2022, 8:10:11 PM)

After market: 3.02 0 (0%)

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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%12.51%
ATR Inc
Range Today0.3
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 High3.8
10 Day Low2.67
20 Day High3.8
20 Day Low2.23
52 Week High3.8
52 Week Low1.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume47.20K
Volume Incr59.04%
Vol(5)178.48K
Vol(50)269.47K