Evaluation Hsbc Share Price and Investment Performance
Autor: kateuuuuu • November 28, 2015 • Coursework • 1,296 Words (6 Pages) • 1,041 Views
1) Evaluation:
HSBC
Share price:
[pic 1]
[pic 2] I will dividend the close price chart and volume chart into two parts to analysis. The first one is closing price and volume form 6/1/2014 to 11/4/2014. And the second one is closing price and volume from 5/5/2014 to 5/9/2014.
The first period (6/1/2014-4/4/2014)
[pic 3]
Firstly, I treat 630 as the support point which means when the price below the 630 support point, then the price will be declined. According to this chart, it can easily find the closing price is nearly 630 (629.7) when February 28. When March 3, the price is 619.6 which is breaking the support point 630. According to the below volume chart, the volume is amplification from 123,139,176 ( March 3) to 178,992,549 ( March 21). So, the trend of share price is continue to decline from 619.6 (3/3/2014) to 605.7 (21/3/2014).
While, with the shrink of volume which is from 178,992,549 ( March 21) to 129,102,445 ( April 11), the share price decline become slightly, and then the share price game to rise from 605.7 ( March 21) to 617.6 ( April 14).
[pic 4]
The second period from May 5 to September 5
[pic 5]
[pic 6]
① According to the closing price chart, it is can easily find the M sharp. The share price is 632.5 in May 12 and the share price is 629.2 in May 30. So, it is become the double top. Since in period ①, the share price have double top, it illustrate that the share price is difficult to break the double top. So, after May 30, the share price become decline from 629.2 ( May 30) to 597 (June 27).
② In this period, it is can easily find the W sharp which means the share price appear the nearly double bottom ( 597 in June 27 and 593 in July 11). Once the share price appear the double bottom, it illustrate that the share price is difficult to decline because it have two bottom point. Having double bottom which means the bottom is stable and the share price become
increase from 592.3 ( July 11) to 621.7 (July 25).
③ In August 1, the share price is nearly reach the previous double top. According to the volume chart, the volume is increase from 86,176,681 (July 25 ) to 132,988,386 ( August 1). Only the amplification of the volume, the share price can break the strong double point and continue to rise from August 1 629.3 to September 9 660.4.
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