Hang Seng (HSI) Up $6.3 in Last 4 Hours, Started Today Down 0.45%; Pin Bar Pattern Appearing on Chart

Hang Seng 4 Hour Price Update

Updated September 04, 2020 12:03 AM GMT (08:03 PM EST)

Hang Seng is up 0.03% (6.3) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 3 four-hour candle negative run. Hang Seng outperformed all 8 assets in the 8 major global equity indices asset class since the last 4 hour candle. Congrats to its holders!

Hang Seng Daily Price Recap

Hang Seng is down 0.45% (112.49) since yesterday, marking the 2nd consecutive day a decrease has occurred. Relative to other instruments in the 8 major global equity indices asset class, Hang Seng ranked 4th since yesterday in terms of percentage price change. The daily price chart of Hang Seng below illustrates.

HSI

Hang Seng Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone down 17 out of the past 30 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 aakashgarg51:

    @SantoshPasi B @ Because its an expiry day and call writers are writing with volumes as the premiums are low .
    The bias is on the long side but getting past option B seems difficult .
    Hang Seng which is showing good co-relation also bounced from the support .

  • From MoneyTalkR3:

    On today’s Money Talk we’re joined by Personal Wealth Advisor, Enzio von Pfeil, and Alex Frew McMillan, writer at Dragonfly Media. In the second part of the programme we talk with Daniel Wong, Director & Head of Research and Analytics at Hang Seng Indexes Company.
    15/16

  • From havenspire:

    𝗡𝗲𝘄𝘀 𝗨𝗽𝗱𝗮𝘁𝗲
    𝘎𝘭𝘰𝘣𝘢𝘭 𝘔𝘢𝘳𝘬𝘦𝘵𝘴
    – Dow +455 Points
    – NASDAQ +116 Points
    – S&P 500 +54 Points
    – Hang Seng -64 Points
    – NIKKEI 225 +313 Points#StockMarket #Trading