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Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Dow Jones Hong Kong Index (INDEX:HKDOW)
Long-Term Downtrend (-90) - HKDOW is in a strong downtrend that is likely to continue. While HKDOW 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 HKDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKDOW
The long-term trend has been DOWN since May 23rd, 2023 at 451.46
The intermediate-term trend has been DOWN since Nov 29th, 2023 at 381.32
The short-term trend has been DOWN since Nov 24th, 2023 at 397.44
Smart Scan Analysis for HKDOW
Based on our trend formula, HKDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 372.02 | 372.17 | 370.22 | 370.77 | +1.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 369.28 | 0 | 2023-12-08 10:11:55 |
| 52wk High | 621.94 | 52wk High Date | 2018-01-29 |
| 52wk Low | 486.42 | 52wk Low Date | 2018-10-30 |