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Sinotrans (0598.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 29 Jun 2017NoneBullish EngulfingFri, 16 Jun 20176.33%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
3.82 0.00 (0%) Oct 19 4:08am HKT
Open: 3.930 Range: 3.810 - 3.950 Vol: 11.13M Avg Vol: 16.66M
EPS: 0.38 P/E ratio: 10.08 EBITDA: 258.72M Mkt Cap: 8.41B
Analyze "0598.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 3.86
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 3.76
Last Trade is above the 50 day moving average at 3.65
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 3.63
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 0598.HK

Stock Trend Analysis - Buy, Sell or Hold "Sinotrans" (0598.HK)?

0598.HK is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 56% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation 0598.HK will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 3.63. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "0598.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