Fresh sell signal · EU-UK stocks
HSBC drops 4.6% as money flow turns negative for the first time in 19 weeks
Our view last week
HSBC stock's slide from a week ago has stalled: the week closed at 0.0%, with sellers still ahead on 69% of the volume, so the price action stays in their hands. The technical analysis shows an uptrend losing pace: the weekly MACD widens its gap below the Signal line, and money flow, positive for 19 weeks, is sliding toward zero. The price is squeezed between the 50-day moving average, in the 1513 area, and the daily Kumo ceiling, in the 1500 area. The trade stands at +12.8% since entry.
This week's summary
After 19 weeks above zero, HSBC's money flow has turned negative, and the week closed down 4.6% with a new 30-day low. HSBC stock lost its 20-week and 100-day moving averages in one go: the uptrend that was slowing a week ago has given way to a new sell signal. The technical analysis reads a price action in distribution, yet the price holds above its 50-week average, and the trade setup still awaits its confirmation week.
IQS Phase
67
in tension
Signal Strength
80
decline starting to make lower lows
Sizing
STANDARD
Ranking
#11 / 89
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
HSBC (HSBA) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 11th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 80 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV1
Sector regimeweak phase
Performanceweekly -4.91% · monthly -4.92%
HSBA belongs to the european sector (reference ETF EXV1). The sector is classified weak phase according to our weekly reading.
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