Hong Kong: HANG SENG INDEX (.HSI) technology firms again in the firing line

 


The last signal was a buy 56 period s ago. The Stochastic Oscillator is It may therefore take some time before it appears on our website. This advanced chart is powered by TradingView and is considered to be one of the best HTML5 charts within the industry. Technical Analysis Candlestick Patterns.

Hang Seng Streaming Chart


Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles.

During the past 50 bars, there have been 26 white candles and 24 black candles for a net of 2 white candles. It then signifies that the momentum may be shifting from the bears to the bulls. If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

One method of interpreting the Stochastic Oscillator is looking for overbought areas above 80 and oversold areas below The Stochastic Oscillator is This is not an overbought or oversold reading. The last signal was a buy 7 period s ago. The RSI shows overbought above 70 and oversold below 30 areas. The current value of the RSI is This is not a topping or bottoming area. The last signal was a buy 56 period s ago.

The CCI shows overbought above and oversold below areas. Asian shares edge up on US-China trade optimism, oil climbs.

Japan's Nikkei rose 0. For all investors looking to unearth stocks that are poised to move. History The Hang Seng Index abbreviated: It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. HSI was started on November 24, , and is currently compiled and maintained by HSI Services Limited, which is a wholly owned subsidiary of Hang Seng Bank, the largest bank registered and listed in Hong Kong in terms of market capitalisation.

When the Hang Seng Index was first published, its base of points was set equivalent to the stocks' total value as of the market close on July 31, Its all-time low is The Hang Seng passed the 10, point milestone for the first time in its history on December 10, and, 13 years later, passed the 20, point milestone on December 28, In less than 10 months, it passed the 30, point milestone on October 18,