Country Icon

Bank of China (3988.HK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 23 Jan 2017NoneDojiTue, 17 Jan 20170.28%
***Stock database and scans are updated around midnight (Hong Kong time) every trading day.
3.52 0.00 (0%) Jan 23 5:09am HKT
Open: 3.54 Range: 3.52 - 3.55 Vol: 150.04M Avg Vol: 228.5M
EPS: 0.66 P/E ratio: 5.34 EBITDA: 0.00 Mkt Cap: 294.35B
Analyze "3988.HK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 3.53
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 3.49
Last Trade is above the 50 day moving average at 3.47
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 3.35
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of 3988.HK

Stock Trend Analysis - Buy, Sell or Hold "Bank of China" (3988.HK)?

3988.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 50% 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 3988.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 3.35. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "3988.HK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 23 Jan 2017
Hong Kong Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance
0411.HKLam Soon Hong Kong LtdBuy, Sell or HoldTrading Levels & Pivots
0878.HKSoundwill HoldingsBuy, Sell or HoldTrading Levels & Pivots
0915.HKLinmark Group LtdBuy, Sell or HoldTrading Levels & Pivots
2333.HKGREAT WALL AUTOBuy, Sell or HoldTrading Levels & Pivots
2788.HKYorkey Optical International Cayman LtdBuy, Sell or HoldTrading Levels & Pivots
0240.HKI-china HoldingsBuy, Sell or HoldTrading Levels & Pivots
8108.HKGrandmass Enterprise SolutionBuy, Sell or HoldTrading Levels & Pivots
0882.HKTianjin Development Holdings LtdBuy, Sell or HoldTrading Levels & Pivots
0225.HKPokfulam Development CompanyBuy, Sell or HoldTrading Levels & Pivots
0563.HKVlink GlobalBuy, Sell or HoldTrading Levels & Pivots