China Shipping Development Company Ltd (1138.HK) - Buy, Sell or Hold?
| Trade Date | Current Candlestick Pattern | Previous Candlestick Pattern | When | Performance Since |
|---|---|---|---|---|
| Thu, 29 Jun 2017 | None | Shooting Star | Thu, 08 Jun 2017 | -4.01% |
| ***Stock database and scans are updated around midnight (Hong Kong time) every trading day. | ||||
4.46 0.00 (0%) Aug 18 4:08am HKT
Open: 4.470 Range: 4.430 - 4.470 Vol: 7.9M Avg Vol: 6.51M
Analyze "1138.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 4.36
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 4.38
Last Trade is above the 50 day moving average at 4.31
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 4.42
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
How to use this info: Stock Timing With Moving Averages
News on "1138.HK" Stock
| Hong Kong Stocks Above 200 Day Moving Average | |||
|---|---|---|---|
| Ticker | Name | Trend Analysis | Support/Resistance |
Stock Trend Analysis - Buy, Sell or Hold "China Shipping Development Company Ltd" (1138.HK)?
1138.HK is in a very strong downtrend. For the last 52 weeks, 1138.HK has maintained to stay firmly below the 200 day moving average for 83% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also in a trading range with a slight bullish bias. 1138.HK may experience some profit taking and it is unclear how strong buying support will be for this stock as objectively, it is still in a strong long term downtrend with the 200 SMA currently at 4.42. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "1138.HK".