June 1, 2018
Thanks for visiting the site.
Shanghai Stock Analysis
Sichuan Hongda Co 宏达股份 Charting
See chart, the price action after cross below the MA, or MA wave. The price action remain below MAs. Besides that the MA wave is slopping down. Bearish trend. The stock price is very bearish. Manage your risk.
Price Action and Moving Averages:
600331.SS 宏达股份 has closed below its 20 period moving average.
20 period, Short Term moving average is currently below 50 period Moving Average, and below long term, 100 moving average.
All three MA, 20, 50 and 100 MA are point down. The trend is bearish.
Bollinger Bands:
Sichuan Hongda Company, 600331.SS a stock listed on Shanghai Stock Exchange has closed above bottom Bollinger band.
See chart, Bollinger Bands are wider than normal.
In Bollinger bands the larger the width the higher in volatility. Therefore, the probability of volatility decreasing and prices remain the same range.
Manage Your Risk
June 1, 2018 Sichuan Hongda Co 宏达股份 and MA and BB
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
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.