HSBC Holdings Breaks Above 200-Day Moving Average - Bullish for HSBC

In trading on Friday, shares of HSBC Holdings plc (Symbol: HSBC) crossed above their 200 day moving average of $42.97, changing hands as high as $43.27 per share. HSBC Holdings plc shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of HSBC shares, versus its 200 day moving average:

HSBC Holdings plc 200 Day Moving Average Chart

Looking at the chart above, HSBC's low point in its 52 week range is $37.1631 per share, with $48.5419 as the 52 week high point — that compares with a last trade of $43.17.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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