REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how HSBC has been trading over the last 2 weeks and the past day especially. On its latest session, HSBC Holdings plc ($HSBC) opened at 38.68, reaching a high of 38.84 and a low of 38.65 before closing at a price of 38.73. There was a total volume of 1734317.
VOLUME INDICATORS FOR HSBC HOLDINGS PLC ($HSBC): We saw an accumulation-distribution index of 221.69042, an on-balance volume of 38.87, chaikin money flow of 1.375 and a force index of 0.0014. There was an ease of movement rating of -0.00152, a volume-price trend of -0.32874 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR HSBC HOLDINGS PLC ($HSBC): We noted an average true range of 0.32455, bolinger bands of 38.99456, an upper bollinger band of 38.48544, lower bollinger band of 38.65, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 38.72333, high band keltner channel of 38.56333, low band keltner channel of 38.88333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 38.65, a donchian channel low band of 38.65, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR HSBC HOLDINGS PLC ($HSBC): We calculated a Moving Average Convergence Divergence (MACD) of 0.00404, a MACD signal of 0.00224, a MACD difference of 0.00179, a fast Exponential Moving Average (EMA) indicator of 38.65, a slow Exponential Moving Average (EMA) indicator of 38.65, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.37107, a trix of 0.5891, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.35695, a KST Oscillator (KST) of -9.15101 and a KST Oscillator (KST Signal) of -9.15101 (leaving a KST difference of 1.15364). We also found an Ichimoku rating of 38.76, an Ichimoku B rating of 38.76, a Ichimoku visual trend A of 39.02563, an Ichimoku visual trend B of 38.26873, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR HSBC HOLDINGS PLC ($HSBC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.29808, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -113.80448, a stochastic oscillator of 118.75, a stochastic oscillator signal of 118.75, a Williams %R rating of 18.75 and an awesome oscillator of -0.02483.
RETURNS FOR HSBC HOLDINGS PLC ($HSBC): There was a daily return of -0.9151, a daily log return of 0.46464 and a cumulative return of 0.46572.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for HSBC Holdings plc ($HSBC)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling HSBC Holdings plc ($HSBC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.