Country Icon

Angang New Steel Company (0347.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 24 Mar 2017DojiBearish EngulfingTue, 21 Mar 2017-4.07%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
5.65 0.00 (0%) Mar 24 4:09am HKT
Open: 5.65 Range: 5.54 - 5.69 Vol: 11.91M Avg Vol: 16.76M
EPS: -0.75 P/E ratio: 0.00 EBITDA: 385.78M Mkt Cap: 6.14B
Analyze "0347.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 5.77
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 5.98
Last Trade is below the 50 day moving average at 5.89
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 4.56
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 0347.HK

Stock Trend Analysis - Buy, Sell or Hold "Angang New Steel Company" (0347.HK)?

0347.HK is in a very strong uptrend. In the last 52 weeks, 0347.HK has been trading above the 200 day moving average for 87% of the time with an average daily volume of 16.8M shares being traded. In the medium term, the 50 day moving average, currently at 5.89 for 0347.HK is also very bullish, indicating good swing trading opportunities for longs. The 20 day moving average is however indicating a predominance of range bound trading but still with a bullish bias. 0347.HK may experience some profit taking due to its strong performance thus far, so it may be prudent to lighten up on strength or sudden upward momentum. A good area to re-enter 0347.HK is near the 200 SMA currently at 4.56. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "0347.HK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 24 Mar 2017
Hong Kong Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance
1120.HKArts Optical International Holdings LtdBuy, Sell or HoldTrading Levels & Pivots
0148.HKKingboard Chemical HoldingsBuy, Sell or HoldTrading Levels & Pivots
0180.HKKader Holdings CompanyBuy, Sell or HoldTrading Levels & Pivots
0636.HKInternational Bank Of AsiaBuy, Sell or HoldTrading Levels & Pivots
0698.HKTongda Group HoldingsBuy, Sell or HoldTrading Levels & Pivots
0025.HKChevalier International HoldingsBuy, Sell or HoldTrading Levels & Pivots
2823.HKXinhua A50Buy, Sell or HoldTrading Levels & Pivots
0297.HKWah Tak Fung HoldingsBuy, Sell or HoldTrading Levels & Pivots
2320.HKHOP FUNG GROUPBuy, Sell or HoldTrading Levels & Pivots
0524.HKE-kong GroupBuy, Sell or HoldTrading Levels & Pivots