AMTD DIGITAL INC-ADR (HKD) Technical Analysis
NYSE:HKD • US00180N1019
Current stock price
HKD Technical Rating and Analysis
Overall HKD gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HKD was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HKD is a bad performer in the overall market: 72% of all stocks are doing better.
- HKD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HKD is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- HKD is one of the better performing stocks in the Software industry, it outperforms 75% of 277 stocks in the same industry.
- In the last month HKD has a been trading in the 1.40 - 2.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HKD Weekly and Daily overview Charts
HKD Setup Rating and Analysis
Although the technical rating is only medium, HKD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.76. Right above this resistance zone may be a good entry point.
More info and screens
HKD Support and Resistance Analysis
1.44
2 important support areas can be observed.
- A support zone ranging from 1.51 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.45 from a trend line in the weekly time frame.
HKD 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 | NEUTRAL | NEUTRAL | The long term trend for HKD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HKD is up. |
| ChartMill Relative Strength | 28.61 | NEGATIVE | HKD has a low relative strength, it was outperformed by 71.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HKD is below 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) | DOWN | NEGATIVE | The current price of HKD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for HKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HKD has a negative trend. |
| Stochastics (14,3) | 35.14 | NEUTRAL | The Stochastics value for HKD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for HKD suggests high volalility. |
| Average Directional Index/ADX (14) | 56.7 | POSITIVE | The high ADX value value for HKD suggests a strong trend. |
HKD Chart- and CandleStick Pattern Analysis
HKD Technicals: Chart, Performance Metrics, Trend & Indicators
1.64
-0.04 (-2.38%)
AMTD DIGITAL INC-ADR / HKD TA FAQ
What is the ChartMill technical rating of AMTD DIGITAL INC-ADR (HKD) stock?
ChartMill assigns a technical rating of 5 / 10 to HKD.
Can you provide the trend direction for AMTD DIGITAL INC-ADR?
The current trend direction for AMTD DIGITAL INC-ADR (HKD) is Bearish.
Can you provide the RSI signal for AMTD DIGITAL INC-ADR?
AMTD DIGITAL INC-ADR (HKD) has an RSI value of 53.5455. This indicates that the stock is currently neutral.
What is the MACD signal for AMTD DIGITAL INC-ADR (HKD) stock?
The MACD indicator for AMTD DIGITAL INC-ADR (HKD) has a value of -0.0036899, indicating a bearish trend.