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Technical Analysis on HSI (2015-04-24)



















Hang Seng Index closed at 28060.98 today (+233.28 / +0.84%). Uptrend remains very strong according to ADX indicator. The same is reflected according to the 20d, 50d, 200d moving averages. 

Above 20 MA?
Yes
Up trend
Above 50 MA?
Yes
Up trend
RSI above 50?
Yes
Up trend
RSI above 70?
Yes
Overbought
MACD Crossover
No
Remain up trend
+DMI above -DMI
Yes
Up trend
ADX > 50
Yes
Trend Strength = Very Strong

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