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Hang Lung Development Company (0010.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 29 Jun 2017Bullish EngulfingHanging ManWed, 31 May 2017-1.39%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
28.25 0.00 (0%) Oct 24 5:09am HKT
Open: 28.350 Range: 28.200 - 28.650 Vol: 2.01M Avg Vol: 699.37K
EPS: 2.37 P/E ratio: 11.23 EBITDA: 9.06B Mkt Cap: 41.75B
Analyze "0010.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 32.13
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 32.50
Last Trade is below the 50 day moving average at 32.61
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 30.69
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 0010.HK

Stock Trend Analysis - Buy, Sell or Hold "Hang Lung Development Company" (0010.HK)?

0010.HK is in a very strong uptrend. In the last 52 weeks, 0010.HK has been trading above the 200 day moving average for 96% of the time with an average daily volume of 699.4K shares being traded. The 50 day moving average, currently at 32.61, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. 0010.HK was only able to maintain above the 20 SMA for 30% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in 0010.HK is near the 200 SMA currently at 30.69. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "0010.HK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 29 Jun 2017
Hong Kong Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance