Hang Seng 4 Hour Price Update
Updated July 20, 2020 03:12 PM GMT (11:12 AM EST)
The choppiness in the recent four-hour candle price action of Hang Seng continues; to start the current 4 hour candle, it came in at a price of 25057.99 US dollars, up 0.04% (8.97) since the previous 4 hours. Out of the 8 instruments in the 8 major global equity indices asset class, Hang Seng ended up ranking 7th for the four-hour candle in terms of price change relative to the previous 4 hours.
Hang Seng Daily Price Recap
The choppiness in the recent daily price action of Hang Seng continues; to start today, it came in at a price of 25089.17 US dollars, up 0.47% (118.48) since the previous day. Out of the 8 instruments in the 8 major global equity indices asset class, Hang Seng ended up ranking 3rd for the day in terms of price change relative to the previous day. The daily price chart of Hang Seng below illustrates.
Hang Seng Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Hang Seng:
- From ReformedTrader:
40/ “I bought stocks in Hong Kong and shorted Hang Seng futures, generating a very high yield. When Asian stock markets blew up in 1997, the Hang Seng futures market shut down. Suddenly, I was reminded about credit risk: there were rumors that the exchange had gone bust.” (p. 48)
- From MoneyTalkRadio3:
That helped the CSI 300 index of the largest Shanghai and Shenzhen listed stocks to advance 0.6%. It was still down though 4.4% for the week. In Hong Kong, the Hang Seng index closed Friday at 25,089, a gain of 0.5%. For the week it lost 2.5%.
- From grabyourlife4k:
@fion_li If I remember correctly, I walked pass a Hang Seng University course advertisement with a picture of Elsie Leung, the schools might just be contesting on how low they could actually go.