Sorting Out the Technicals on Shares of HSBC Holdings Plc. Perpetual S (HSEA)

Taking a peek at some moving average levels on shares of HSBC Holdings Plc. Perpetual S (HSEA), the 200-day is at 26.98, the 50-day is 26.36, and the 7-day is sitting at 26.17. Moving averages can help identify trends and price reversals. They may also be used to help spot support and resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.

Some traders may find the Williams Percent Range or Williams %R as a useful technical indicator. Presently, HSBC Holdings Plc. Perpetual S (HSEA)’s Williams Percent Range or 14 day Williams %R is resting at -50.62. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

When completing stock analysis, investors and traders may opt to review other technical levels. HSBC Holdings Plc. Perpetual S (HSEA) currently has a 14-day Commodity Channel Index (CCI) of 1.04. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.

The Average Directional Index or ADX is often considered to be an important tool for technical trading or investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX for HSBC Holdings Plc. Perpetual S (HSEA) is resting at 24.36. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Traders may also be paying close attention to RSI levels on shares of HSBC Holdings Plc. Perpetual S (HSEA). The current 14-day RSI is presently sitting at 51.32, the 7-day is 54.61, and the 3-day is68.93. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.

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