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HSBC Holdings PLC
Buy, Hold or Sell?

Let's analyse Hsbc together

PenkeI guess you are interested in HSBC Holdings PLC. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of HSBC Holdings PLC. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hsbc (30 sec.)










What can you expect buying and holding a share of Hsbc? (30 sec.)

How much money do you get?

How much money do you get?
p1.95
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
p11,528.31
Expected worth in 1 year
p33,055.28
How sure are you?
76.9%

+ What do you gain per year?

Total Gains per Share
p21,681.67
Return On Investment
3,502.7%

For what price can you sell your share?

Current Price per Share
p619.00
Expected price per share
p570.08 - p629.58
How sure are you?
50%

1. Valuation of Hsbc (5 min.)




Live pricePrice per Share (EOD)

p619.00

Intrinsic Value Per Share

p-7,115.52 - p2,333.20

Total Value Per Share

p4,412.78 - p13,861.50

2. Growth of Hsbc (5 min.)




Is Hsbc growing?

Current yearPrevious yearGrowGrow %
How rich?$2.8t$1.5t-$27.6b-1.8%

How much money is Hsbc making?

Current yearPrevious yearGrowGrow %
Making money$19.7b$15.2b$4.5b23.1%
Net Profit Margin30.6%23.2%--

How much money comes from the company's main activities?

3. Financial Health of Hsbc (5 min.)




What can you expect buying and holding a share of Hsbc? (5 min.)

Welcome investor! Hsbc's management wants to use your money to grow the business. In return you get a share of Hsbc.

What can you expect buying and holding a share of Hsbc?

First you should know what it really means to hold a share of Hsbc. And how you can make/lose money.

Speculation

The Price per Share of Hsbc is p619.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hsbc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hsbc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is p11,528.31. Based on the TTM, the Book Value Change Per Share is p5,381.74 per quarter. Based on the YOY, the Book Value Change Per Share is p-5,194.70 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is p38.67 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hsbc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 p% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Share
Usd Eps1.220.2%1.010.2%0.730.1%0.600.1%0.570.1%
Usd Book Value Change Per Share135.8121.9%67.9111.0%-65.55-10.6%16.972.7%10.421.7%
Usd Dividend Per Share0.630.1%0.490.1%0.330.1%0.330.1%0.370.1%
Usd Total Gains Per Share136.4522.0%68.3911.0%-65.22-10.5%17.302.8%10.791.7%
Usd Price Per Share8.02-7.93-6.63-6.54-7.14-
Price to Earnings Ratio6.57-8.25-9.07-14.29-22.75-
Price-to-Total Gains Ratio0.06-11.46-10.73-10.74-58.91-
Price to Book Ratio0.06-0.43-0.36-0.22-0.45-
Price-to-Total Gains Ratio0.06-11.46-10.73-10.74-58.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.810542
Number of shares128
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.490.33
Usd Book Value Change Per Share67.9116.97
Usd Total Gains Per Share68.3917.30
Gains per Quarter (128 shares)8,754.542,214.06
Gains per Year (128 shares)35,018.148,856.24
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1250347683500816886888846
250069537700263371737617702
37501043051050445052606426558
49991390731400626733475235414
512491738421750808424344044270
6149920861021009810105212753126
7174924337824511611786081561982
8199927814628013413476950370838
9224931291531515215157819179694
10249834768335017016838687988550

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.00.00.0100.0%6.00.00.0100.0%8.00.00.0100.0%13.00.00.0100.0%35.00.00.0100.0%
Book Value Change Per Share1.00.01.050.0%1.02.03.016.7%3.02.03.037.5%5.05.03.038.5%24.08.03.068.6%
Dividend per Share2.00.00.0100.0%6.00.00.0100.0%8.00.00.0100.0%13.00.00.0100.0%26.00.09.074.3%
Total Gains per Share2.00.00.0100.0%4.02.00.066.7%6.02.00.075.0%10.03.00.076.9%30.05.00.085.7%

Fundamentals of Hsbc

About HSBC Holdings PLC

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals. The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-10 01:19:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of HSBC Holdings PLC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hsbc earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • A Net Profit Margin of 37.3% means that 0.37 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of HSBC Holdings PLC:

  • The MRQ is 37.3%. The company is making a huge profit. +2
  • The TTM is 30.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ37.3%TTM30.6%+6.7%
TTM30.6%YOY23.2%+7.4%
TTM30.6%5Y19.5%+11.1%
5Y19.5%10Y18.5%+1.0%
1.1.2. Return on Assets

Shows how efficient Hsbc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • 0.8% Return on Assets means that Hsbc generated 0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of HSBC Holdings PLC:

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.7%+0.1%
TTM0.7%YOY0.5%+0.1%
TTM0.7%5Y0.4%+0.2%
5Y0.4%10Y0.4%0.0%
1.1.3. Return on Equity

Shows how efficient Hsbc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • 12.7% Return on Equity means Hsbc generated 0.13 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of HSBC Holdings PLC:

  • The MRQ is 12.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.7%TTM10.6%+2.1%
TTM10.6%YOY7.9%+2.7%
TTM10.6%5Y6.7%+3.9%
5Y6.7%10Y6.4%+0.3%

1.2. Operating Efficiency of HSBC Holdings PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hsbc is operating .

  • Measures how much profit Hsbc makes for each 1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • An Operating Margin of 46.5% means the company generated 0.47  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of HSBC Holdings PLC:

  • The MRQ is 46.5%. The company is operating very efficient. +2
  • The TTM is 52.6%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ46.5%TTM52.6%-6.1%
TTM52.6%YOY43.5%+9.2%
TTM52.6%5Y32.8%+19.8%
5Y32.8%10Y29.0%+3.8%
1.2.2. Operating Ratio

Measures how efficient Hsbc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are 0.51 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of HSBC Holdings PLC:

  • The MRQ is 0.506. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.554. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.506TTM0.554-0.048
TTM0.554YOY0.663-0.109
TTM0.5545Y0.669-0.115
5Y0.66910Y0.684-0.016

1.3. Liquidity of HSBC Holdings PLC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hsbc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Diversified industry mean).
  • A Current Ratio of 0.00 means the company has 0.00 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of HSBC Holdings PLC:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY13.531-13.531
TTM-5Y12.093-12.093
5Y12.09310Y7.854+4.238
1.3.2. Quick Ratio

Measures if Hsbc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • A Quick Ratio of 0.00 means the company can pay off 0.00 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of HSBC Holdings PLC:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY14.856-14.856
TTM-5Y12.633-12.633
5Y12.63310Y7.831+4.802

1.4. Solvency of HSBC Holdings PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hsbc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hsbc to Banks - Diversified industry mean.
  • A Debt to Asset Ratio of 0.08 means that Hsbc assets are financed with 7.7% credit (debt) and the remaining percentage (100% - 7.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of HSBC Holdings PLC:

  • The MRQ is 0.077. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.506. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.077TTM0.506-0.428
TTM0.506YOY0.484+0.022
TTM0.5065Y0.267+0.238
5Y0.26710Y0.519-0.252
1.4.2. Debt to Equity Ratio

Measures if Hsbc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hsbc to the Banks - Diversified industry mean.
  • A Debt to Equity ratio of 126.9% means that company has 1.27 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of HSBC Holdings PLC:

  • The MRQ is 1.269. The company is able to pay all its debts with equity. +1
  • The TTM is 8.023. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ1.269TTM8.023-6.754
TTM8.023YOY7.638+0.385
TTM8.0235Y4.215+3.808
5Y4.21510Y7.436-3.221

2. Market Valuation of HSBC Holdings PLC

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Hsbc generates.

  • Above 15 is considered overpriced but always compare Hsbc to the Banks - Diversified industry mean.
  • A PE ratio of 6.57 means the investor is paying 6.57 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of HSBC Holdings PLC:

  • The EOD is 6.397. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.567. Based on the earnings, the company is cheap. +2
  • The TTM is 8.252. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD6.397MRQ6.567-0.171
MRQ6.567TTM8.252-1.685
TTM8.252YOY9.071-0.818
TTM8.2525Y14.291-6.039
5Y14.29110Y22.747-8.456
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of HSBC Holdings PLC:

  • The EOD is 4.250. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.364. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.799. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.250MRQ4.364-0.113
MRQ4.364TTM5.799-1.436
TTM5.799YOY3.682+2.117
TTM5.7995Y3.379+2.420
5Y3.37910Y1.339+2.040
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hsbc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • A PB ratio of 0.06 means the investor is paying 0.06 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of HSBC Holdings PLC:

  • The EOD is 0.054. Based on the equity, the company is cheap. +2
  • The MRQ is 0.055. Based on the equity, the company is cheap. +2
  • The TTM is 0.434. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.054MRQ0.055-0.001
MRQ0.055TTM0.434-0.379
TTM0.434YOY0.361+0.073
TTM0.4345Y0.220+0.214
5Y0.22010Y0.453-0.233
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of HSBC Holdings PLC compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--10763.4885381.744+100%-5194.702+148%1344.791+700%825.845+1203%
Book Value Per Share--11528.3086146.564+88%5959.522+93%8490.765+36%5526.045+109%
Current Ratio----0%13.531-100%12.093-100%7.854-100%
Debt To Asset Ratio--0.0770.506-85%0.484-84%0.267-71%0.519-85%
Debt To Equity Ratio--1.2698.023-84%7.638-83%4.215-70%7.436-83%
Dividend Per Share--50.15138.673+30%26.049+93%26.055+92%29.498+70%
Eps--96.77079.666+21%57.948+67%47.937+102%44.801+116%
Free Cash Flow Per Share--145.634115.781+26%239.501-39%325.562-55%209.342-30%
Free Cash Flow To Equity Per Share--73.43467.418+9%206.181-64%288.072-75%173.530-58%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2333.195--------
Intrinsic Value_10Y_min---7115.523--------
Intrinsic Value_1Y_max--306.468--------
Intrinsic Value_1Y_min---23.444--------
Intrinsic Value_3Y_max--865.433--------
Intrinsic Value_3Y_min---668.119--------
Intrinsic Value_5Y_max--1357.638--------
Intrinsic Value_5Y_min---1962.885--------
Market Cap11786131439616.000-4%12241463766651.50012431608583325.750-2%10671746300000.000+15%10425847883331.438+17%11294283082050.115+8%
Net Profit Margin--0.3730.306+22%0.232+61%0.195+91%0.185+102%
Operating Margin--0.4650.526-12%0.435+7%0.328+42%0.290+60%
Operating Ratio--0.5060.554-9%0.663-24%0.669-24%0.684-26%
Pb Ratio0.054-3%0.0550.434-87%0.361-85%0.220-75%0.453-88%
Pe Ratio6.397-3%6.5678.252-20%9.071-28%14.291-54%22.747-71%
Price Per Share619.000-3%635.500628.600+1%525.650+21%518.150+23%566.208+12%
Price To Free Cash Flow Ratio4.250-3%4.3645.799-25%3.682+19%3.379+29%1.339+226%
Price To Total Gains Ratio0.057-3%0.05911.460-99%10.728-99%10.741-99%58.912-100%
Quick Ratio----0%14.856-100%12.633-100%7.831-100%
Return On Assets--0.0080.007+18%0.005+51%0.004+80%0.004+80%
Return On Equity--0.1270.106+20%0.079+61%0.067+90%0.064+99%
Total Gains Per Share--10813.6395420.416+99%-5168.653+148%1370.846+689%855.343+1164%
Usd Book Value--2802037125722.0411498980789905.940+87%1526654664286.470+84%2152962536099.918+30%1399644673575.743+100%
Usd Book Value Change Per Share--135.81467.907+100%-65.547+148%16.969+700%10.421+1203%
Usd Book Value Per Share--145.46477.557+88%75.197+93%107.136+36%69.728+109%
Usd Dividend Per Share--0.6330.488+30%0.329+93%0.329+92%0.372+70%
Usd Eps--1.2211.005+21%0.731+67%0.605+102%0.565+116%
Usd Free Cash Flow--35397292560.48028704829521.600+23%61353074951.190-42%83017250452.553-57%53410695568.975-34%
Usd Free Cash Flow Per Share--1.8381.461+26%3.022-39%4.108-55%2.641-30%
Usd Free Cash Flow To Equity Per Share--0.9270.851+9%2.602-64%3.635-75%2.190-58%
Usd Market Cap148717406505.075-4%154462789807.609156862037104.404-2%134656094813.400+15%131553348591.876+17%142511263929.308+8%
Usd Price Per Share7.811-3%8.0197.932+1%6.633+21%6.538+23%7.144+12%
Usd Profit--23520569398.74019773549695.520+19%15212959963.380+55%12714280513.380+85%11992277475.997+96%
Usd Revenue--62985712103.82064981657248.480-3%65589835826.610-4%65318479238.340-4%64783684953.595-3%
Usd Total Gains Per Share--136.44668.395+99%-65.218+148%17.297+689%10.793+1164%
 EOD+4 -4MRQTTM+27 -6YOY+24 -115Y+24 -1110Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of HSBC Holdings PLC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.397
Price to Book Ratio (EOD)Between0-10.054
Net Profit Margin (MRQ)Greater than00.373
Operating Margin (MRQ)Greater than00.465
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.077
Debt to Equity Ratio (MRQ)Less than11.269
Return on Equity (MRQ)Greater than0.150.127
Return on Assets (MRQ)Greater than0.050.008
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of HSBC Holdings PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.680
Ma 20Greater thanMa 50599.094
Ma 50Greater thanMa 100592.640
Ma 100Greater thanMa 200590.772
OpenGreater thanClose618.800
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets3,038,677,000
Total Liabilities235,159,000
Total Stockholder Equity185,329,000
 As reported
Total Liabilities 235,159,000
Total Stockholder Equity+ 185,329,000
Total Assets = 3,038,677,000

Assets

Total Assets3,038,677,000
Total Current Assets305,911,000
Long-term Assets1,126,247,000
Total Current Assets
Cash And Cash Equivalents 305,911,000
Total Current Assets  (as reported)305,911,000
Total Current Assets  (calculated)305,911,000
+/-0
Long-term Assets
Property Plant Equipment 12,934,000
Goodwill 4,323,000
Long Term Investments 1,100,826,000
Intangible Assets 8,164,000
Long-term Assets Other -1,126,247,000
Long-term Assets  (as reported)1,126,247,000
Long-term Assets  (calculated)0
+/- 1,126,247,000

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities235,159,000
Total Stockholder Equity185,329,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)235,159,000
Long-term Liabilities  (calculated)0
+/- 235,159,000
Total Stockholder Equity
Common Stock9,631,000
Retained Earnings 152,148,000
Other Stockholders Equity 23,550,000
Total Stockholder Equity (as reported)185,329,000
Total Stockholder Equity (calculated)185,329,000
+/-0
Other
Capital Stock9,631,000
Cash and Short Term Investments 305,911,000
Common Stock Shares Outstanding 19,262,728
Liabilities and Stockholders Equity 3,038,677,000
Net Debt -70,752,000
Net Invested Capital 417,675,000
Property Plant and Equipment Gross 12,934,000
Short Long Term Debt Total 235,159,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-06-302022-12-312022-06-302021-12-312021-06-302020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-311993-12-311992-12-311991-12-311990-12-311989-12-311988-12-311987-12-31
> Total Assets 
107,876,642
113,903,705
132,581,836
149,245,785
160,521,687
280,801,723
306,856,103
315,054,016
350,482,106
405,098,127
473,436,157
804,562,201
993,365,778
1,006,413,533
695,877,000
759,246,000
1,034,216,000
1,276,778,000
1,501,970,000
1,860,758,000
2,354,266,000
2,527,465,000
2,364,452,000
2,454,689,000
2,555,579,000
2,692,538,000
2,671,318,000
2,634,139,000
2,409,656,000
2,374,986,000
2,521,771,000
2,558,124,000
2,715,152,000
2,984,164,000
0
2,957,939,000
0
2,966,530,000
0
3,038,677,000
3,038,677,00002,966,530,00002,957,939,00002,984,164,0002,715,152,0002,558,124,0002,521,771,0002,374,986,0002,409,656,0002,634,139,0002,671,318,0002,692,538,0002,555,579,0002,454,689,0002,364,452,0002,527,465,0002,354,266,0001,860,758,0001,501,970,0001,276,778,0001,034,216,000759,246,000695,877,0001,006,413,533993,365,778804,562,201473,436,157405,098,127350,482,106315,054,016306,856,103280,801,723160,521,687149,245,785132,581,836113,903,705107,876,642
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
784,155,383
959,489,625
962,934,631
667,775,000
727,902,000
989,828,000
1,228,567,000
1,453,564,000
1,806,999,000
2,298,883,000
2,486,083,000
2,320,656,000
2,413,246,000
2,515,680,000
2,652,097,000
2,630,553,000
2,596,030,000
2,375,128,000
925,576,000
2,488,291,000
2,523,707,000
295,735,000
318,853,000
0
407,154,000
0
334,299,000
0
305,911,000
305,911,0000334,299,0000407,154,0000318,853,000295,735,0002,523,707,0002,488,291,000925,576,0002,375,128,0002,596,030,0002,630,553,0002,652,097,0002,515,680,0002,413,246,0002,320,656,0002,486,083,0002,298,883,0001,806,999,0001,453,564,0001,228,567,000989,828,000727,902,000667,775,000962,934,631959,489,625784,155,38300000000000
       Cash And Cash Equivalents 
26,771,963
30,155,327
33,733,954
37,350,025
43,450,844
53,988,139
26,788,356
33,955,568
39,716,608
3,106,484
2,972,294
82,436,619
67,918,101
70,655,107
6,185,000
7,659,000
7,661,000
9,872,000
25,012,000
26,876,000
31,542,000
58,399,000
84,513,000
82,512,000
159,032,000
171,578,000
197,840,000
162,558,000
133,112,000
164,240,000
200,380,000
182,383,000
159,055,000
308,575,000
0
407,154,000
0
334,299,000
0
305,911,000
305,911,0000334,299,0000407,154,0000308,575,000159,055,000182,383,000200,380,000164,240,000133,112,000162,558,000197,840,000171,578,000159,032,00082,512,00084,513,00058,399,00031,542,00026,876,00025,012,0009,872,0007,661,0007,659,0006,185,00070,655,10767,918,10182,436,6192,972,2943,106,48439,716,60833,955,56826,788,35653,988,13943,450,84437,350,02533,733,95430,155,32726,771,963
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
23,131,000
12,902,000
12,902,000
15,799,000
25,666,000
12,554,000
13,165,000
0
0
0
0
0
192,262,000
193,783,000
209,697,000
146,693,000
165,754,000
201,553,000
252,697,000
254,521,000
0
0
15,283,000
0
15,752,000
0
0
0015,752,000015,283,00000254,521,000252,697,000201,553,000165,754,000146,693,000209,697,000193,783,000192,262,0000000013,165,00012,554,00025,666,00015,799,00012,902,00012,902,00023,131,0000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
4,543,275
5,690,009
0
0
0
5,775,000
5,651,000
6,628,000
6,352,000
0
0
0
0
0
0
10,059,000
9,502,000
11,006,000
21,329,000
16,914,000
59,520,000
17,679,000
18,338,000
136,680,000
10,278,000
0
970,000
0
1,230,000
0
0
001,230,0000970,000010,278,000136,680,00018,338,00017,679,00059,520,00016,914,00021,329,00011,006,0009,502,00010,059,0000000006,352,0006,628,0005,651,0005,775,0000005,690,0094,543,275000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
80,595,000
80,835,000
98,294,000
55,296,000
2,270,232,000
2,322,986,000
2,487,147,000
1,538,111,000
0
1,560,710,000
0
273,957,000
0
0
00273,957,00001,560,710,00001,538,111,0002,487,147,0002,322,986,0002,270,232,00055,296,00098,294,00080,835,00080,595,00000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
20,406,818
33,876,153
43,478,902
28,102,000
31,344,000
44,388,000
48,211,000
48,406,000
53,759,000
55,383,000
41,382,000
43,796,000
41,443,000
39,899,000
40,441,000
40,765,000
38,109,000
34,528,000
0
33,480,000
34,417,000
1,081,924,000
1,177,923,000
0
1,047,851,000
0
1,079,812,000
0
1,126,247,000
1,126,247,00001,079,812,00001,047,851,00001,177,923,0001,081,924,00034,417,00033,480,000034,528,00038,109,00040,765,00040,441,00039,899,00041,443,00043,796,00041,382,00055,383,00053,759,00048,406,00048,211,00044,388,00031,344,00028,102,00043,478,90233,876,15320,406,81800000000000
       Property Plant Equipment 
4,427,332
2,659,651
4,754,493
4,949,655
5,003,555
7,336,235
7,072,067
7,687,257
8,946,783
10,682,604
13,082,722
20,163,682
22,459,588
14,021,000
13,521,000
14,181,000
15,748,000
18,829,000
13,036,000
16,424,000
15,694,000
14,025,000
13,802,000
11,521,000
10,865,000
10,588,000
10,847,000
10,532,000
9,923,000
9,373,000
10,027,000
10,060,000
14,702,000
14,414,000
0
13,240,000
0
12,584,000
0
12,934,000
12,934,000012,584,000013,240,000014,414,00014,702,00010,060,00010,027,0009,373,0009,923,00010,532,00010,847,00010,588,00010,865,00011,521,00013,802,00014,025,00015,694,00016,424,00013,036,00018,829,00015,748,00014,181,00013,521,00014,021,00022,459,58820,163,68213,082,72210,682,6048,946,7837,687,2577,072,0677,336,2355,003,5554,949,6554,754,4932,659,6514,427,332
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
15,089,000
14,581,000
17,163,000
28,640,000
29,122,000
33,200,000
37,335,000
39,689,000
27,357,000
23,241,000
22,406,000
21,338,000
21,390,000
21,179,000
19,169,000
16,294,000
12,330,000
13,588,000
12,986,000
5,590,000
5,881,000
0
5,033,000
0
4,156,000
0
4,323,000
4,323,00004,156,00005,033,00005,881,0005,590,00012,986,00013,588,00012,330,00016,294,00019,169,00021,179,00021,390,00021,338,00022,406,00023,241,00027,357,00039,689,00037,335,00033,200,00029,122,00028,640,00017,163,00014,581,00015,089,0000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
506,135,000
490,275,000
500,236,000
1,007,579,000
885,372,000
885,168,000
976,511,000
1,112,612,000
0
940,930,000
0
1,015,022,000
0
1,100,826,000
1,100,826,00001,015,022,0000940,930,00001,112,612,000976,511,000885,168,000885,372,0001,007,579,000500,236,000490,275,000506,135,00000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
15,089,000
14,581,000
17,163,000
28,640,000
29,382,000
33,200,000
37,335,000
39,689,000
27,357,000
29,994,000
29,922,000
29,034,000
8,463,000
8,739,000
8,408,000
8,311,000
9,016,000
9,865,000
11,371,000
14,573,000
14,562,000
0
15,589,000
0
17,165,000
0
8,164,000
8,164,000017,165,000015,589,000014,562,00014,573,00011,371,0009,865,0009,016,0008,311,0008,408,0008,739,0008,463,00029,034,00029,922,00029,994,00027,357,00039,689,00037,335,00033,200,00029,382,00028,640,00017,163,00014,581,00015,089,0000000000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,158,918,000
1,140,127,000
1,182,634,000
1,288,005,000
1,379,859,000
0
0
0
0
0
0
0000001,379,859,0001,288,005,0001,182,634,0001,140,127,0001,158,918,00000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
43,341,000
43,907,000
50,170,000
75,027,000
89,588,000
124,677,000
34,976,000
59,387,000
53,831,000
56,715,000
52,508,000
95,254,000
79,197,000
51,651,000
60,980,000
966,101,000
905,960,000
2,488,291,000
2,558,124,000
1,337,493,000
1,487,388,000
0
1,502,934,000
0
1,552,419,000
0
1,606,519,000
1,606,519,00001,552,419,00001,502,934,00001,487,388,0001,337,493,0002,558,124,0002,488,291,000905,960,000966,101,00060,980,00051,651,00079,197,00095,254,00052,508,00056,715,00053,831,00059,387,00034,976,000124,677,00089,588,00075,027,00050,170,00043,907,00043,341,0000000000000000
> Total Liabilities 
103,033,369
108,654,678
124,926,187
141,439,373
152,239,811
266,582,743
290,732,797
295,569,314
326,641,016
375,451,245
442,640,349
753,625,091
928,676,631
927,433,064
643,408,000
700,287,000
948,862,000
1,176,961,000
1,403,744,000
1,745,830,000
2,218,850,000
2,427,236,000
2,228,791,000
2,299,774,000
2,389,486,000
2,509,409,000
2,480,859,000
2,434,161,000
2,212,138,000
2,192,408,000
2,323,900,000
2,363,875,000
129,155,000
117,443,000
0
99,044,000
0
2,770,502,000
0
235,159,000
235,159,00002,770,502,000099,044,0000117,443,000129,155,0002,363,875,0002,323,900,0002,192,408,0002,212,138,0002,434,161,0002,480,859,0002,509,409,0002,389,486,0002,299,774,0002,228,791,0002,427,236,0002,218,850,0001,745,830,0001,403,744,0001,176,961,000948,862,000700,287,000643,408,000927,433,064928,676,631753,625,091442,640,349375,451,245326,641,016295,569,314290,732,797266,582,743152,239,811141,439,373124,926,187108,654,678103,033,369
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,206,666,000
2,188,665,000
1,956,875,000
1,919,391,000
1,993,296,000
2,041,708,000
2,179,245,000
10,406,000
0
10,466,000
0
12,353,000
0
0
0012,353,000010,466,000010,406,0002,179,245,0002,041,708,0001,993,296,0001,919,391,0001,956,875,0002,188,665,0002,206,666,00000000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
647,090,000
172,310,000
137,746,000
125,587,000
129,002,000
219,180,000
227,296,000
0
0
0
0
0
0
0
0000000227,296,000219,180,000129,002,000125,587,000137,746,000172,310,000647,090,00000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
647,090,000
172,310,000
137,746,000
125,587,000
129,002,000
219,180,000
227,296,000
0
0
0
0
0
0
0
0000000227,296,000219,180,000129,002,000125,587,000137,746,000172,310,000647,090,00000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,448,119,000
1,428,228,000
1,344,150,000
1,332,460,000
1,424,719,000
1,437,977,000
1,515,797,000
1,744,036,000
0
1,828,429,000
0
1,656,196,000
0
0
001,656,196,00001,828,429,00001,744,036,0001,515,797,0001,437,977,0001,424,719,0001,332,460,0001,344,150,0001,428,228,0001,448,119,00000000000000000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
242,566,000
232,383,000
182,779,000
170,755,000
122,828,000
167,420,000
184,847,000
185,914,000
0
192,107,000
0
309,877,000
0
0
00309,877,0000192,107,0000185,914,000184,847,000167,420,000122,828,000170,755,000182,779,000232,383,000242,566,00000000000000000000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
231,026,000
129,155,000
117,443,000
0
99,044,000
0
2,770,502,000
0
235,159,000
235,159,00002,770,502,000099,044,0000117,443,000129,155,000231,026,0000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
49,344,000
47,835,000
57,358,000
77,717,000
92,660,000
370,600,000
464,442,000
699,783,000
901,089,000
688,836,000
700,841,000
781,183,000
832,444,000
656,093,000
701,410,000
140,770,000
142,052,000
235,513,000
143,640,000
155,519,000
169,976,000
0
176,935,000
0
172,583,000
0
0
00172,583,0000176,935,0000169,976,000155,519,000143,640,000235,513,000142,052,000140,770,000701,410,000656,093,000832,444,000781,183,000700,841,000688,836,000901,089,000699,783,000464,442,000370,600,00092,660,00077,717,00057,358,00047,835,00049,344,0000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,524,000
1,760,000
1,623,000
1,982,000
0
0
0
0
0
0
0
0
0
0000000001,982,0001,623,0001,760,0001,524,000000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
45,570,000
45,979,000
52,406,000
74,473,000
86,623,000
92,432,000
108,352,000
133,671,000
101,807,000
128,299,000
147,667,000
158,725,000
175,242,000
181,871,000
190,447,000
173,348,000
175,386,000
190,250,000
186,253,000
183,955,000
196,443,000
0
198,250,000
0
187,484,000
0
185,329,000
185,329,0000187,484,0000198,250,0000196,443,000183,955,000186,253,000190,250,000175,386,000173,348,000190,447,000181,871,000175,242,000158,725,000147,667,000128,299,000101,807,000133,671,000108,352,00092,432,00086,623,00074,473,00052,406,00045,979,00045,570,0000000000000000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
4,634,000
4,678,000
4,741,000
5,481,000
5,587,000
5,667,000
5,786,000
5,915,000
6,053,000
8,705,000
8,843,000
8,934,000
9,238,000
9,415,000
9,609,000
9,842,000
10,096,000
10,160,000
10,180,000
10,319,000
10,347,000
0
10,316,000
0
10,147,000
0
9,631,000
9,631,000010,147,000010,316,000010,347,00010,319,00010,180,00010,160,00010,096,0009,842,0009,609,0009,415,0009,238,0008,934,0008,843,0008,705,0006,053,0005,915,0005,786,0005,667,0005,587,0005,481,0004,741,0004,678,0004,634,0000000000000000
   Retained Earnings Total Equity0000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
38,701,000
0
0
0
0
-11,363,000
-10,690,000
-9,994,000
-10,610,000
-11,080,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000-11,080,000-10,610,000-9,994,000-10,690,000-11,363,000000038,701,00000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,619,000
10,177,000
13,609,000
13,959,000
14,277,000
0
0
0
0
0
0
00000014,277,00013,959,00013,609,00010,177,00012,619,00000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,657,000
20,885,000
7,109,000
-1,234,000
40,091,000
37,882,000
36,957,000
45,524,000
0
43,476,000
0
25,269,000
0
23,550,000
23,550,000025,269,000043,476,000045,524,00036,957,00037,882,00040,091,000-1,234,0007,109,00020,885,00027,657,00000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue63,019,000
Cost of Revenue-0
Gross Profit63,019,00063,019,000
 
Operating Income (+$)
Gross Profit63,019,000
Operating Expense-31,885,000
Operating Income29,322,00031,134,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,383,000
Selling And Marketing Expenses0
Operating Expense31,885,00010,383,000
 
Net Interest Income (+$)
Interest Income100,868,000
Interest Expense-65,072,000
Other Finance Cost-0
Net Interest Income35,796,000
 
Pretax Income (+$)
Operating Income29,322,000
Net Interest Income35,796,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)30,348,00028,296,000
EBIT - interestExpense = -35,750,000
29,322,000
88,605,000
Interest Expense65,072,000
Earnings Before Interest and Taxes (EBIT)29,322,00095,420,000
Earnings Before Interest and Taxes (EBITDA)32,788,000
 
After tax Income (+$)
Income Before Tax30,348,000
Tax Provision-5,789,000
Net Income From Continuing Ops24,559,00024,559,000
Net Income23,533,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses31,885,000
Total Other Income/Expenses Net1,026,000-35,796,000
 

Technical Analysis of Hsbc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hsbc. The general trend of Hsbc is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hsbc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of HSBC Holdings PLC.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 629.58.

The bearish price targets are: 618.35 > 599.81 > 570.08.

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HSBC Holdings PLC Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of HSBC Holdings PLC. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

HSBC Holdings PLC Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of HSBC Holdings PLC. The current macd is 9.21887861.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hsbc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hsbc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hsbc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
HSBC Holdings PLC Daily Moving Average Convergence/Divergence (MACD) ChartHSBC Holdings PLC Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of HSBC Holdings PLC. The current adx is 19.87.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hsbc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
HSBC Holdings PLC Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of HSBC Holdings PLC. The current sar is 585.66.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
HSBC Holdings PLC Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of HSBC Holdings PLC. The current rsi is 60.68. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
HSBC Holdings PLC Daily Relative Strength Index (RSI) ChartHSBC Holdings PLC Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of HSBC Holdings PLC. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hsbc price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
HSBC Holdings PLC Daily Stochastic Oscillator ChartHSBC Holdings PLC Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of HSBC Holdings PLC. The current cci is 101.13.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
HSBC Holdings PLC Daily Commodity Channel Index (CCI) ChartHSBC Holdings PLC Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of HSBC Holdings PLC. The current cmo is 24.90.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
HSBC Holdings PLC Daily Chande Momentum Oscillator (CMO) ChartHSBC Holdings PLC Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of HSBC Holdings PLC. The current willr is -18.83802817.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
HSBC Holdings PLC Daily Williams %R ChartHSBC Holdings PLC Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of HSBC Holdings PLC.

HSBC Holdings PLC Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of HSBC Holdings PLC. The current atr is 11.07.

HSBC Holdings PLC Daily Average True Range (ATR) ChartHSBC Holdings PLC Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of HSBC Holdings PLC. The current obv is 1,576,874,321.

HSBC Holdings PLC Daily On-Balance Volume (OBV) ChartHSBC Holdings PLC Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of HSBC Holdings PLC. The current mfi is 77.30.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
HSBC Holdings PLC Daily Money Flow Index (MFI) ChartHSBC Holdings PLC Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HSBC Holdings PLC.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

HSBC Holdings PLC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of HSBC Holdings PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.680
Ma 20Greater thanMa 50599.094
Ma 50Greater thanMa 100592.640
Ma 100Greater thanMa 200590.772
OpenGreater thanClose618.800
Total4/5 (80.0%)
Penke

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