REPORTING FOR 2019-09-13 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how HMEF has been trading over the last 2 weeks and the past day especially. On its latest session, HSBC ETFS Plc ($HMEF) opened at 838.12, reaching a high of 843.5 and a low of 838.0 before closing at a price of 840.75. There was a total volume of 30173.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 887.60858, an on-balance volume of -9.353, chaikin money flow of 1.04461 and a force index of 689142.15648. There was an ease of movement rating of 5.5118, a volume-price trend of 39716.81463 and a negative volume index of 1000.0. What do these volume indicators mean for HMEF? Click here for an explanation.
VOLATILITY: We noted an average true range of 8.43173, bolinger bands of 1595.61061, an upper bollinger band of -748.31261, lower bollinger band of 838.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 839.87333, high band keltner channel of 834.49333, low band keltner channel of 845.25333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 838.0, a donchian channel low band of 838.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for HMEF? Click here for an explanation.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -18.59267, a MACD signal of -10.32926, a MACD difference of -8.26341, a fast Exponential Moving Average (EMA) indicator of 838.0, a slow Exponential Moving Average (EMA) indicator of 838.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.00359, a trix of 856.13388, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -820.45839, a KST Oscillator (KST) of 46772.12582 and a KST Oscillator (KST Signal) of 46772.12582 (leaving a KST difference of -11810.51796). We also found an Ichimoku rating of 840.81, an Ichimoku B rating of 840.81, a Ichimoku visual trend A of 85.9254, an Ichimoku visual trend B of 228.79844, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for HMEF? Click here for an explanation.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 99.98538, a stochastic oscillator of 102.23048, a stochastic oscillator signal of 102.23048, a Williams %R rating of 2.23048 and an awesome oscillator of -138.59277. What do these momentum indicators mean for HMEF? Click here for an explanation.
RETURNS: There was a daily return of 4677.21258, a daily log return of -450.12188 and a cumulative return of -98.89045.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for HSBC ETFS Plc ($HMEF)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling HSBC ETFS Plc ($HMEF) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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