Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
HSBC Holdings, Plc (NYSE:HSBC)
Long-Term Downtrend (-90) - HSBC is in a strong downtrend that is likely to continue. While HSBC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HSBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for HSBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HSBC
The long-term trend has been DOWN since Jul 30th, 2019 at 40.500
The intermediate-term trend has been DOWN since Feb 18th, 2020 at 36.030
The short-term trend has been DOWN since Mar 27th, 2020 at 28.837
Smart Scan Analysis for HSBC
Based on our trend formula, HSBC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||55.89||Year High Date||2018-01-24|
|Year Low||38.234||Year Low Date||2018-10-26|
|52wk High||44.93||52wk High Date||2019-05-03|
|52wk Low||26.83||52wk Low Date||2020-03-16|
|Average Volume||8,453,714||Shares Outstanding||2,149,795|