Hong Kong Exchange Stock Technical Analysis

HKXCY Stock  USD 37.33  1.01  2.78%   
As of the 29th of November, Hong Kong retains the Market Risk Adjusted Performance of 1.49, risk adjusted performance of 0.0909, and Downside Deviation of 3.39. Hong Kong technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hong Kong Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hong
  
Hong Kong's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hong Kong technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Hong Kong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hong Kong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hong Kong Exchange Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hong Kong Exchange volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hong Kong Exchange Trend Analysis

Use this graph to draw trend lines for Hong Kong Exchange. You can use it to identify possible trend reversals for Hong Kong as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hong Kong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hong Kong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hong Kong Exchange applied against its price change over selected period. The best fit line has a slop of   0.14  , which means Hong Kong Exchange will continue generating value for investors. It has 122 observation points and a regression sum of squares at 787.7, which is the sum of squared deviations for the predicted Hong Kong price change compared to its average price change.

About Hong Kong Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hong Kong Exchange on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hong Kong Exchange based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hong Kong Exchange price pattern first instead of the macroeconomic environment surrounding Hong Kong Exchange. By analyzing Hong Kong's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hong Kong's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hong Kong specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hong Kong November 29, 2024 Technical Indicators

Most technical analysis of Hong help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hong from various momentum indicators to cycle indicators. When you analyze Hong charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Additional Tools for Hong Pink Sheet Analysis

When running Hong Kong's price analysis, check to measure Hong Kong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.