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TMCNet:  HSBC Holdings Up 16.6% Since SmarTrend Uptrend Call (HBC)

[December 04, 2012]

HSBC Holdings Up 16.6% Since SmarTrend Uptrend Call (HBC)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for HSBC Holdings (NYSE:HBC) on August 8th, 2012 at $43.91. In approximately 4 months, HSBC Holdings has returned 16.61% as of today's recent price of $51.21.

HSBC Holdings share prices have moved between a 52-week high of $51.37 and a 52-week low of $36.67 and are now trading 40% above that low price at $51.21 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of HSBC Holdings shares.Log in and add HSBC Holdings (HBC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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