Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
HSBC Holdings, Plc (NYSE:HSBC)
Bear Market Rally (-75) - HSBC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HSBC as it may be in the beginning of a reversal.
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 40.50
The intermediate-term trend has been DOWN since Feb 18th, 2020 at 36.03
The short-term trend has been UP since Feb 21st, 2020 at 36.35
Smart Scan Analysis for HSBC
Based on our trend formula, HSBC is rated as a -75 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||35.355||52wk Low Date||2019-08-28|
|Average Volume||1,880,696||Shares Outstanding||2,149,795|