Firstly, as of today (2019-07-12) we’ve determined the following resources to be extremely useful for Tencent Holdings Limited investors – we recommend taking a look. Take your time with the following:
Beat The Market Analyzer: http://cryptonewsjournal24.com/recommended-tool-for-HK0700-investors (this is a fantastic tool – use this to analyze Tencent Holdings Limited in much more depth)
MM Publishing: http://cryptonewsjournal24.com/mmpublishing-for-HK0700-investors
Trading Code: http://cryptonewsjournal24.com/tradingcode-for-HK0700-investors
Trader HR: http://cryptonewsjournal24.com/traderHR-for-HK0700-investors
REPORTING FOR 2019-07-12 | CRYPTONEWSJOURNAL24.COM: We have conducted a deep analysis of how Tencent Holdings Limited (0700) has been trading over the last 2 weeks and the past day especially. On its latest session, Tencent Holdings Limited (0700) opened at 360.0, reaching a high of 360.0 and a low of 355.4 before closing at a price of 357.2. There was a total volume of 3551145.
VOLUME INDICATORS: We saw an accumulation-distribution index of 816.05714, an on-balance volume of 357.2, chaikin money flow of 0.64286 and a force index of 1.36. There was an ease of movement rating of 0.01529, a volume-price trend of 2.69511 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 4.97172, bolinger bands of 356.54853, an upper bollinger band of 354.85147, lower bollinger band of 355.4, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 358.46667, high band keltner channel of 358.46667, low band keltner channel of 358.46667, 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 355.4, a donchian channel low band of 355.4, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.01346, a MACD signal of 0.00748, a MACD difference of 0.00598, a fast Exponential Moving Average (EMA) indicator of 355.4, a slow Exponential Moving Average (EMA) indicator of 355.4, 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 0.05824, a trix of 0.31637, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -2.644, a KST Oscillator (KST) of 7.49527 and a KST Oscillator (KST Signal) of 7.49527 (leaving a KST difference of 0.42522). We also found an Ichimoku rating of 360.0, an Ichimoku B rating of 360.0, a Ichimoku visual trend A of 359.7125, an Ichimoku visual trend B of 358.666, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
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 36.49917, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of -0.66.
RETURNS: There was a daily return of 0.74953, a daily log return of 0.16868 and a cumulative return of 0.16882.
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 2019-07-12 (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 Tencent Holdings Limited (0700)…
For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Tencent Holdings Limited, we strongly advise Tencent Holdings Limited investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Tencent Holdings Limited – without this you are trading blind:
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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 Tencent Holdings Limited (0700) 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.