Hong Kong - Hang Seng (HASE.NDX)
Close: 23 335.00 (+215.72), Apr 1, 2025
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Liquidity risk: | Volatility risk: |
Short term
Hong Kong - Hang Seng has broken the floor of the rising trend channel in the short term, which indicates a weaker initial rising rate. The index has support at points 20000 and resistance at points 24800. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically slightly positive for the short term. Recommendation one to six weeks:
Medium term
Hong Kong - Hang Seng is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index is testing support at points 23000. This could give a positive reaction, but a downward breakthrough of points 23000 means a negative signal. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the trend. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically positive for the medium long term. Recommendation one to six months:
Long term
Hong Kong - Hang Seng has broken through the ceiling of a falling trend channel in the long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The index is between support at points 22600 and resistance at points 25000. A definitive break through of one of these levels predicts the new direction. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the index. Trading volume has increased substantially lately, which may be because of fundamental news. The index is overall assessed as technically neutral for the long term. Recommendation one to six quarters:
Period |
Vol.bal. |
Volatility |
Liquidity |
+/- % |
1 day | - | 1.18% | 0.00 | +0.93% |
5 days | -9.68 | 3.98% | 3 040.06 | -0.04% |
22 days | -10.94 | 10.49% | 3 888.64 | +1.72% |
66 days | 8.02 | 21.98% | 3 826.10 | +18.33% |
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