Hang Seng (HSI) Up 1.38%; in a Downtrend Over Past 90 Days

Hang Seng Daily Price Recap

Hang Seng entered today at 24300.33 in US dollars, up 1.38% ($329.96) from the day prior. Out of the 8 instruments in the 8 major global equity indices asset class, Hang Seng ended up ranking 6th for the day in terms of price change relative to the day prior. Here is a daily price chart of Hang Seng.

Hang Seng Technical Analysis

Volatility for Hang Seng has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 8 out of the past 14 days.