Our Analysis of HSBC ETFS Plc ($HPRD) (2019-09-13)

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 HPRD has been trading over the last 2 weeks and the past day especially. On its latest session, HSBC ETFS Plc ($HPRD) opened at 2020.0, reaching a high of 2023.5 and a low of 2019.98 before closing at a price of 2020.5. There was a total volume of 2305.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 33295.08852, an on-balance volume of -2008.75, chaikin money flow of 1.01143 and a force index of 52.75. There was an ease of movement rating of -0.00318, a volume-price trend of 64.52375 and a negative volume index of 1000.0. What do these volume indicators mean for HPRD? Click here for an explanation.

VOLATILITY: We noted an average true range of 10.58293, bolinger bands of 2029.82608, an upper bollinger band of 1999.36392, lower bollinger band of 2019.98, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 2021.16, high band keltner channel of 2017.66, low band keltner channel of 2024.66, 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 2019.98, a donchian channel low band of 2019.98, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for HPRD? Click here for an explanation.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.24163, a MACD signal of -0.13424, a MACD difference of -0.10739, a fast Exponential Moving Average (EMA) indicator of 2019.98, a slow Exponential Moving Average (EMA) indicator of 2019.98, 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 0.13957, a trix of 1.65977, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -63.2859, a KST Oscillator (KST) of 32.34328 and a KST Oscillator (KST Signal) of 32.34328 (leaving a KST difference of -1.37605). We also found an Ichimoku rating of 2021.75, an Ichimoku B rating of 2021.75, a Ichimoku visual trend A of 1978.09643, an Ichimoku visual trend B of 1998.29945, 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 HPRD? 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 99.96841, a stochastic oscillator of 100.57143, a stochastic oscillator signal of 100.57143, a Williams %R rating of 0.57143 and an awesome oscillator of 4.624. What do these momentum indicators mean for HPRD? Click here for an explanation.

RETURNS: There was a daily return of 3.23433, a daily log return of -0.5346 and a cumulative return of -0.53317.

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 ($HPRD)…

For a more complete analysis, run all of this through the BTMA software.

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 ($HPRD) 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.

Franco Germanio

I am a PhD in Mathematics and perform comprehensive technical analysis on stocks.

3898 Forest Drive, Mclean VA 22101
Ph: 703-918-6381
franco@thebunsenburner.com
Franco Germanio

Franco Germanio

I am a PhD in Mathematics and perform comprehensive technical analysis on stocks. 3898 Forest Drive, Mclean VA 22101 Ph: 703-918-6381 franco@thebunsenburner.com