USA - NYSE:HKD - US00180N1019 - ADR
We assign a technical rating of 7 out of 10 to HKD. HKD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although HKD 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.
1.58
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for HKD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HKD is neutral. |
| ChartMill Relative Strength | 87.68 | POSITIVE | HKD has a high relative strength, it outperformed 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HKD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HKD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HKD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.03 | OVERBOUGHT | The high RSI value suggests HKD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HKD has a positive trend. |
| Stochastics (14,3) | 40.14 | NEUTRAL | The Stochastics value for HKD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.11 | HIGH VOLATILITY | The high ATR as a percentage value for HKD suggests high volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for HKD suggests a possible start of a new trend. |
2.95
+1.26 (+74.56%)
ChartMill assigns a technical rating of 7 / 10 to HKD.
The current trend direction for AMTD DIGITAL INC-ADR (HKD) is Bearish.
AMTD DIGITAL INC-ADR (HKD) has an RSI value of 85.0268. This indicates that the stock is currently overbought.
AMTD DIGITAL INC-ADR (HKD) has a support level at 1.6 and a resistance level at 4.26. Check the full technical report for our detailed analysis of HKD support and resistance levels.