HSBC HOLDINGS ORD USD 0.50 (UK REG) - Daily - Technical analysis published on 10/14/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
50%
6%
44%
My opinion
Neutral between 599.6 GBX and 612.6 GBX
My targets
-
My analysis
The short-term increase on HSBC HOLDINGS ORD 0.50 (UK REG) remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 612.6 GBX. The first support is located at 599.6 GBX. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HSBC HOLDINGS ORD 0.50 (UK REG) rating is 606.6 GBX. The price is lower by -0.13% since the last closing and was traded between 604.6 GBX and 610.2 GBX over the period. The price is currently at +0.33% from its lowest and -0.59% from its highest.604.6
610.2
606.6
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HSBC HOLDINGS ORD 0.50 (UK REG):
Technical
A technical analysis in Daily of this HSBC HOLDINGS ORD 0.50 (UK REG) chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 580.9 | 591.3 | 599.6 | 606.6 | 612.6 | 644.3 | 661.2 |
| Change (%) | -4.24% | -2.52% | -1.15% | - | +0.99% | +6.21% | +9.00% |
| Change | -25.7 | -15.3 | -7.0 | - | +6.0 | +37.7 | +54.6 |
| Level | Major | Minor | Major | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 584.1 | 591.3 | 599.4 | 606.6 | 614.7 | 621.9 | 630.0 |
| Camarilla | 603.2 | 604.6 | 606.0 | 607.4 | 608.8 | 610.2 | 611.6 |
| Woodie | 584.5 | 591.5 | 599.8 | 606.8 | 615.1 | 622.1 | 630.4 |
| Fibonacci | 591.3 | 597.2 | 600.8 | 606.6 | 612.5 | 616.1 | 621.9 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 570.6 | 578.8 | 589.0 | 597.3 | 607.5 | 615.7 | 625.9 |
| Camarilla | 594.1 | 595.8 | 597.5 | 599.2 | 600.9 | 602.5 | 604.2 |
| Woodie | 571.5 | 579.3 | 589.9 | 597.8 | 608.4 | 616.2 | 626.8 |
| Fibonacci | 578.8 | 585.9 | 590.2 | 597.3 | 604.3 | 608.7 | 615.7 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 541.1 | 559.6 | 587.9 | 606.4 | 634.6 | 653.2 | 681.4 |
| Camarilla | 603.3 | 607.6 | 611.8 | 616.1 | 620.4 | 624.7 | 629.0 |
| Woodie | 546.0 | 562.1 | 592.8 | 608.8 | 639.5 | 655.6 | 686.3 |
| Fibonacci | 559.6 | 577.5 | 588.5 | 606.4 | 624.3 | 635.3 | 653.2 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.20 | |
| MACD (12,26,9): | -0.8000 | |
| Directional Movement: | 7.4 | |
| AROON (14): | -35.7 | |
| DEMA (21): | 601.1 | |
| Parabolic SAR (0,02-0,02-0,2): | 587.7 | |
| Elder Ray (13): | 5.6 | |
| Super Trend (3,10): | 624.9 | |
| Zig ZAG (10): | 606.9 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 52.10 | |
| TEMA (21): | 602.1 | |
| Williams %R (14): | -38.80 | |
| Chande Momentum Oscillator (20): | -3.8 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.50 |
| MA7: | 598.5 | |
| MA20: | 603.4 | |
| MA50: | 598.9 | |
| MA100: | 619.5 | |
| MAexp7: | 601.7 | |
| MAexp20: | 602.1 | |
| MAexp50: | 606.0 | |
| MAexp100: | 611.9 | |
| Price / MA7: | +1.35% | |
| Price / MA20: | +0.53% | |
| Price / MA50: | +1.29% | |
| Price / MA100: | -2.08% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +0.73% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | -0.88% |
News
Don"t forget to follow the news on HSBC HOLDINGS ORD 0.50 (UK REG). At the time of publication of this analysis, the latest news was as follows:
- The HongKong and Shanghai Banking Corporation Limited - Hong Kong Exchanges and Clearing Limited - Form 8.5 (EPT/NON-RI)
- The Hongkong and Shanghai Banking Corporation Limited Private Banking Division, Hong Kong - Hong Kong Stock Exchange & Clearing - Form 8 (DD)
- The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, Private Banking Division - Hong Kong Stock Exchange & Clearing - Form 8 (DD)
- HSBC BANK PLC - London Stock Exchange Group Plc - Form 8.5 (EPT/RI)
- HSBC BANK PLC - BCA Marketplace Plc - Form 8.5 (EPT/RI)
This member declared not having a position on this financial instrument or a related financial instrument.
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