Stock Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
HSBC Holdings, Plc (NYSE:HSBC)
Crossroads (-60) - HSBC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 9th, 2020 at 23.40
The intermediate-term trend has been DOWN since Jun 9th, 2021 at 30.97
The short-term trend has been DOWN since Jun 17th, 2021 at 30.56
Smart Scan Analysis for HSBC
Based on our trend formula, HSBC is rated as a -60 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||32.43||52wk High Date||2021-05-28|
|52wk Low||17.95||52wk Low Date||2020-09-25|
|Average Volume||1,969,845||Shares Outstanding||2,149,795|