HSBC HOLDINGS PLC-SPONS ADR (HSBC) Stock Technical Analysis
NYSE:HSBC - New York Stock Exchange, Inc. - US4042804066 - ADR - Currency: USD
Taking everything into account, HSBC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HSBC 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.
Looking at the yearly performance, HSBC did better than 90% of all other stocks. We also observe that the gains produced by HSBC over the past year are nicely spread over this period.
HSBC is part of the Banks industry. There are 397 other stocks in this industry. HSBC outperforms 85% of them.
HSBC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so HSBC slightly outperforms the market at the moment.
In the last month HSBC has a been trading in the 45.66 - 58.12 range, which is quite wide. It is currently trading near the high of this range.
HSBC has an average volume of 3392280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although HSBC has an excellent technical rating, the quality of the presented setup is not ideal 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
46.88
57.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 54.50 to 55.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.06 from a trend line in the weekly time frame.
- Support @49.83 from a horizontal line in the weekly time frame.
- A support zone ranging from 47.35 to 47.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @57.04 from a trend 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
CRS90.52
Mansfield1.85
10 Day High58.12
10 Day Low53.47
20 Day High58.12
20 Day Low45.66
52 Week High61.88
52 Week Low39.42
Performance
1 Week0.6%
2 Weeks8.77%
1 Month13.72%
3 Month6.74%
6 Month26.07%
12 Month30%
2 Year53.94%
3 Year69.4%
5 Year145.9%
10 Year19.33%
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)0.51
RSI(14)57.16
LBB51.16
UBB58.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.05 | 54.49 | 2.56 (4.49%) | 22.29% |
| An entry @57.05. This is a Buy Stop order right above the resistance zone. | An exit @54.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.56 points, which is 4.49%. | For a 1.00% total portfolio risk, you can invest 22.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
56.68
+0.17 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.3%
1 Week0.6%
2 Weeks8.77%
1 Month13.72%
3 Month6.74%
6 Month26.07%
12 Month30%
2 Year53.94%
3 Year69.4%
5 Year145.9%
10 Year19.33%
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%2.97%
ATR Inc-13.67%
Range Today0.84
ADR(20)1.19
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.52
Mansfield1.85
10 Day High58.12
10 Day Low53.47
20 Day High58.12
20 Day Low45.66
52 Week High61.88
52 Week Low39.42
CS1 End55.99
CR1 Start57.04
Volume & EV
DER(3)-0.42%
DER(5)-0.92%
Volume1.12M
Volume Incr-40.23%
Vol(5)1.81M
Vol(50)3.39M