HSBC technical analysis

HSBC Technical Analysis

Analysis date

July 15, 2026

Market

NYSE (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

HSBC Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
HSBC
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)99.25July 14, 2026-Verified
Finviz (independent)99.25July 14, 2026 (previous close)0.00%Verified

Bottom line

HSBC Technical Analysis Summary

HSBC (HSBC Holdings) displays a strongly bullish technical picture with price trading near its 52-week high of 100.80. On the daily chart, price at 99.25 is above SMA20 (93.45), SMA50 (86.72), and SMA200 (70.15), confirming a well-established uptrend across all timeframes. RSI14 at 67.82 is in bullish territory but not yet overbought, suggesting room for further upside. The daily MACD shows a positive histogram at 2.07, though the MACD line has flattened relative to the signal line, indicating momentum may be steadying. The weekly timeframe is equally bullish with price above all key SMAs and RSI at 72.15 — approaching overbought territory for the first time in this rally cycle. Key resistance lies at the 52-week high of 100.80, while support rests at 93.45 (SMA20) and 86.72 (SMA50). A breakout above 100.80 would open the path toward the analyst target of 114.63.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Strongly bullish. Price at 99.25 is above SMA20 (93.45), SMA50 (86.72), and SMA200 (70.15). All major moving averages are in bullish alignment with SMA20 above SMA50 above SMA200. SMA200 is sloping upward, confirming the long-term uptrend. The stock has been making higher highs and higher lows since the October 2023 lows.
Momentum
Bullish with steady bias. RSI14 at 67.82 is above the 50 midline and approaching overbought levels but not yet exhausted. MACD line at 6.25 is above the signal line at 4.18, producing a positive histogram of 2.07. The MACD continues to expand, though at a slower pace than earlier in the rally, suggesting momentum is maturing rather than accelerating.
Volatility
Moderate. ATR14 at 2.15 (2.17% of price) indicates contained daily swings for a global bank stock. Bollinger Bands (86.70 to 100.12) show price near the upper band, consistent with the strong uptrend. Band width is moderate and not expanding, indicating normal volatility conditions.
Volume
Slightly below average. Latest volume of 1,425,074 is 88.9% of the 20-period average (1,602,114), indicating modest participation. Volume has been consistent throughout the rally without significant spikes that would suggest climax buying.

Assessment

The daily chart shows a textbook bullish trend with price above all major SMAs and strong momentum readings. RSI below 70 leaves room for continued upside before overbought conditions set in. The stock is trading near the upper Bollinger Band, reflecting the strength of the current move. The 52-week high at 100.80 is the immediate resistance level to watch — a breakout above this level with volume would be a continuation signal. Primary support is at SMA20 (93.45) followed by the previous breakout level around SMA50 (86.72).

Weekly (July 6, 2026 week)

Trend
Strongly bullish. Price at 99.25 is well above SMA20 (83.17), SMA50 (72.39), and SMA200 (53.22). All weekly SMAs are sloping upward with SMA200 still accelerating, confirming a mature structural uptrend that has been in place since late 2023.
Momentum
Bullish with overbought proximity. RSI14 at 72.15 has entered overbought territory (>70) for the first time in this rally cycle, suggesting powerful momentum but also raising the possibility of a near-term consolidation or pullback. MACD line at 12.82 is well above the signal line at 9.31 with a positive histogram of 3.51, indicating sustained bullish momentum at the weekly level.
Volatility
Moderate. ATR14 at 3.82 (3.85% of price) reflects typical weekly ranges. Bollinger Bands (71.37 to 97.92) are relatively wide, and price is trading above the upper band, which can occur during strong trending conditions but may also precede a reversion.
Volume
Near average. Weekly volume shows consistent participation without abnormal spikes, suggesting the uptrend is supported by sustained interest rather than speculative excess.

Assessment

The weekly chart confirms a powerful structural uptrend. HSBC has rallied approximately 64% over the past year, driven by strong net interest income, favorable interest rate environment, and robust Asian market operations. The weekly RSI above 70 is noteworthy — it signals strong momentum but historically also precedes short-term consolidations. The MACD remains firmly bullish with expanding histogram. Key support lies at SMA20 (83.17) which has not been tested since January 2026. The current setup is bullish but extended, and traders may watch for a consolidation phase near the 100 level before the next leg higher.

Key indicators

HSBC Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)67.8272.15
MACD (12, 26, 9)6.25 / 4.18 / 2.0712.82 / 9.31 / 3.51
ATR (14)2.15 (2.17%)3.82 (3.85%)
Bollinger Bands (20, 2)86.70 - 100.1271.37 - 97.92
SMA (20)93.4583.17
SMA (50)86.7272.39
SMA (200)70.1553.22

Price structure

HSBC Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price99.2599.25
1-Period Return+1.18%+2.30%
5-Period Return+3.76%+4.82%
20-Period Return+7.82%+10.45%
60-Period Return+12.56%+28.15%
252-Period Return+68.72%+64.20%
52-Week Low60.6160.61
52-Week High100.80100.80
52-Week Position97.80%97.80%

Key levels

HSBC Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High100.80100.80
20-Period Low91.8087.25
60-Period High100.80100.80
60-Period Low84.5067.45

Scenarios

HSBC Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 52-week high at 100.80 with above-average volume, confirming trend continuation toward the analyst target of 114.63.

Invalidation

Price fails to hold above SMA20 (93.45) and breaks below the 20-day low at 91.80.

What to watch

Daily RSI holding above 60; MACD histogram continuing to expand; weekly RSI sustaining above 65; volume increasing on break above 100.80.

Range-Bound

Trigger

Price consolidates between the 52-week high at 100.80 and SMA20 support at 93.45, digesting the recent strong gains.

Invalidation

A decisive break above 100.80 or below 93.45 with increasing volume.

What to watch

RSI oscillating between 55 and 70; MACD histogram fluctuating around current levels; volume declining during consolidation.

Bearish

Trigger

Price fails to break above 100.80 and reverses below SMA20 (93.45) and SMA50 (86.72), signaling a potential trend reversal or significant correction.

Invalidation

Price reclaims and holds above SMA20 (93.45), establishing support above 95.

What to watch

Daily RSI falling below 60; MACD histogram turning negative; weekly RSI dropping below 65; increasing volume on down days.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.