Shanghai Stock Analysis

A Deep Analysis of CITIC Securities Company Limited (600030) (2019-07-12)

Firstly, as of today (2019-07-12) we’ve determined the following resources to be extremely useful for CITIC Securities Company Limited investors – we recommend taking a look. Take your time with the following:

Beat The Market Analyzer: http://tallahasseescene.com/recommended-tool-for-SHANGHAI600030-investors (this is a fantastic tool – use this to analyze CITIC Securities Company Limited in much more depth)
MM Publishing: http://tallahasseescene.com/mmpublishing-for-SHANGHAI600030-investors
Trading Code: http://tallahasseescene.com/tradingcode-for-SHANGHAI600030-investors
Trader HR: http://tallahasseescene.com/traderHR-for-SHANGHAI600030-investors

REPORTING FOR 2019-07-12 | TALLAHASSEESCENE.COM: We have conducted a deep analysis of how CITIC Securities Company Limited (600030) has been trading over the last 2 weeks and the past day especially. On its latest session, CITIC Securities Company Limited (600030) opened at 23.14, reaching a high of 23.41 and a low of 22.9 before closing at a price of 23.36. There was a total volume of 59260022.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 113.01219, an on-balance volume of 23.18, chaikin money flow of 2.77778 and a force index of -0.0224. There was an ease of movement rating of -0.00254, a volume-price trend of 76.5285 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.71869, bolinger bands of 23.07228, an upper bollinger band of 22.81772, lower bollinger band of 22.9, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 23.15, high band keltner channel of 22.88, low band keltner channel of 23.42, 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 22.9, a donchian channel low band of 22.9, 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 0.00202, a MACD signal of 0.00112, a MACD difference of 0.0009, a fast Exponential Moving Average (EMA) indicator of 22.9, a slow Exponential Moving Average (EMA) indicator of 22.9, 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 0.08297, a trix of 126.64906, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -17.5397, a KST Oscillator (KST) of 3272.14895 and a KST Oscillator (KST Signal) of 3272.14895 (leaving a KST difference of 4.19753). We also found an Ichimoku rating of 23.275, an Ichimoku B rating of 23.275, a Ichimoku visual trend A of 6.86068, an Ichimoku visual trend B of 11.1128, 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 98.65015, a stochastic oscillator of 188.88889, a stochastic oscillator signal of 188.88889, a Williams %R rating of 88.88889 and an awesome oscillator of 0.03867.

RETURNS: There was a daily return of 327.21489, a daily log return of 0.39224 and a cumulative return of 0.39301.

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 CITIC Securities Company Limited (600030)…

To stay up to date with what is happening here, we strongly advise CITIC Securities Company Limited investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like CITIC Securities Company Limited – without this you are trading blind:

We will of course continue to cover the news and price action of CITIC Securities Company Limited, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

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 CITIC Securities Company Limited (600030) 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.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at Tallahasseescene. Currently she is focusing on writing technical analysis news articles.
Abigale Lormen
Abigale Lormen
Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at Tallahasseescene. Currently she is focusing on writing technical analysis news articles.

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