January 7, 2017
China Stock Analysis
^HSI Hong Kong Hang Seng Index Year High Low
Picture worth a thousand words, see chart, the channel is slopping up, from bottom left to top right. 2017 is higher than 2016, and 2017 low is higher than 2016 low.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software.
Hong Kong Hang Seng Index Month High Low
See chart, every month is higher than the last month. Bullish trend.
Hong Kong Hang Seng Index and MACD
See chart, for the last several months and its MACD signals, what have you got? What is your short term and long term trading plan for this stock.
Have fun!
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.