Hang Seng (HSI) Down $19.93 Over Past 4 Hours, Moves Up For the 3rd Day In A Row; Pin Bar Pattern Appearing on Chart
Both the nikkei225 and hang seng are closing higher as a positive start to the european trading day awaits.
Hang Seng
(Last Updated June 3, 2020)
Hello! This is the news page for Hang Seng. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90 and 30 day timeframes, we see a downtrend in place for HSI.
HSI Moving Averages
Nuances in the trend on HSI can be understood by observing the behavior of its moving averages. The 20 and 50 day averages are pointing upwards, suggesting a bullish trend, while the 100 and 200 day averages are pointing downward, suggesting a bearish trend on those timeframes. This implies that the long-term trend — meaning going back over 3 months — is bearish, while the trend over the past month and a half is bullish.
The chart below illustrates.
Hang Seng (HSI) Up $47.16 Over Past 4 Hours, Moves Up For the 3rd Day In A Row; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 10 days hang seng’s price has gone up 5 them.
Hang Seng (HSI) Up $150.75 On 4 Hour Chart, Started Today Up 1.11%; Breaks Above 20 Day Average
Relative to other instruments in the 8 major global equity indices asset class, hang seng ranked 5th since the previous day in terms of percentage price change.
Hang Seng (HSI) Up $31.3 Over Past 4 Hours, Outperforms All 8 major Global Equity Indices; Crosses 50 Day Moving Average
The hang seng saw a sharp decline of 6.8% in may.
Hang Seng (HSI) Down $34.81 Over Past 4 Hours; Came Into Today Down For the 3rd Day In A Row
While other indexes like nikkei, asx are attempting to recover due to easing of covid-19 measures, hang seng is not even responding.
Hang Seng (HSI) Down $34.81 On 4 Hour Chart, Started Today Down 0.72%; in a Downtrend Over Past 14 Days
Those trading within the 8 major global equity indices asset class should know that hang seng was the worst performer in the class today.
Hang Seng (HSI) Up $248.59 in Last 4 Hours, Fares the Worst Out of 8 major Global Equity Indices; Entered Today Down 0.36%
It directly led to the hang seng bank being acquired by hsbc to prevent its bankruptcy.
Hang Seng (HSI) Down $65.82 in Last 4 Hours; Entered Today Up 1.88%
Relative to other instruments in the 8 major global equity indices asset class, hang seng ranked 3rd since the day prior in terms of percentage price change.
Hang Seng (HSI) Up $21.98 Over Past 4 Hours, 2 Day Down Streak Ended; in a Downtrend Over Past 90 Days
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 yesterday.
Hang Seng (HSI) Up $230 in Last 4 Hours, Fares the Worst Out of 8 major Global Equity Indices; Started Today Down 5.56%
We can crush this chicom back to the stone age by crushing their financial markets by global sanction against china and destroying their stock markets….