Stock Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Hsbc Holdings Plc .50uk (NASDAQ:HBCYF)
Long-Term Downtrend (-90) - HBCYF is in a strong downtrend that is likely to continue. While HBCYF 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 HBCYF?
MarketClub looks at technical strength and momentum to determine if the timing is right for HBCYF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HBCYF
The long-term trend has been DOWN since Jul 31st, 2019 at 7.96
The intermediate-term trend has been DOWN since Jul 27th, 2020 at 4.55
The short-term trend has been DOWN since Jul 31st, 2020 at 4.45
Smart Scan Analysis for HBCYF
Based on our trend formula, HBCYF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.11||Year High Date||2018-01-24|
|Year Low||7.55||Year Low Date||2018-10-26|
|52wk High||8.4||52wk High Date||2019-07-12|
|52wk Low||4.45||52wk Low Date||2020-05-22|
|Year End Close||10.47||Average Volume||22,622|
|Shares Outstanding||20,638,525||% Institutional||25.6|