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CHINA LIFE (2628.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 29 Jun 2017NoneBullish EngulfingFri, 12 May 2017-2.24%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
23.15 0.00 (0%) Aug 18 4:08am HKT
Open: 23.200 Range: 23.000 - 23.450 Vol: 44.54M Avg Vol: 31.8M
EPS: 0.73 P/E ratio: 34.22 EBITDA: 5.27B Mkt Cap: 186.77B
Analyze "2628.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 24.15
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 24.96
Last Trade is below the 50 day moving average at 24.15
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 22.37
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 2628.HK

Stock Trend Analysis - Buy, Sell or Hold "CHINA LIFE" (2628.HK)?

2628.HK is in a very strong uptrend. In the last 52 weeks, 2628.HK has been trading above the 200 day moving average for 85% of the time with an average daily volume of 31.8M shares being traded. The 50 day moving average, currently at 24.15, 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, although in a trading range, generally confirms this view as the underlying strength in 2628.HK still has a bullish bias with price maintaining above the 20 SMA for 77.5% of the time in the last two months of trading. A good area for traders who are considering taking a long position in 2628.HK is near the 200 SMA currently at 22.37. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "2628.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