Hang Seng 4 Hour Price Update
Updated June 19, 2020 11:13 AM GMT (07:13 AM EST)
Hang Seng came into the current 4 hour candle up 0.69% (168.91) from the open of the previous 4 hours, marking the 2nd candle in a row an upward move has occurred. Out of the 8 instruments in the 8 major global equity indices asset class, Hang Seng ended up ranking 2nd for the four-hour candle in terms of price change relative to the previous 4 hours.
Hang Seng Daily Price Recap
24464.94 was the closing price of the day for Hang Seng, resulting in today being one in which price moved down 0.07% ($16.47) from the previous day. Relative to other instruments in the 8 major global equity indices asset class, Hang Seng ranked 3rd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Hang Seng.
Hang Seng Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For another vantage point, consider that Hang Seng’s price has gone up 5 of the previous 10 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
Behold! Here are the top tweets related to Hang Seng:
- From gregorhunter:
Hong Kong stocks down after a huge rally in the U.S. overnight amid a lacklustre session for MSCI Asia Pacific. The Hang Seng Index and HSCEI are down 0.3% apiece as the market opens
- From ThansonStevens:
@BostonGoody I remember when I very first started, I’d wake up at 4am to check the Hang Seng index.
Now I wake up that early on command. Stocks take a toll mentally for sure
- From SanaSecurities:
So far the Nifty and Sensex are beating the Shanghai Composite and Hang Seng in today’s trade.
This will be the nature of war in this century.