Hang Seng HSI index 10-Day forecast and technical analysis by pretiming.

Hang Seng 10-Day forecast and technical analysis by pretiming.
◆ Closed price
Jun 06, 2023	19,099.28	-0.05%
◆ Appropriate Investment Position: Sell
◆Today's Buy-Sell strength analysis
The current trend appears to be 'Entering a downtrend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker decline rate than the current trend.
The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.
Assuming that the average buy strength is 100%,
Today's buy strength is	140%
◆ Tomorrow's Buy-Sell strength Forecast
Based on recent market trends and technical analysis, it looks like Hang Seng will enter a Downtrend tomorrow
The %strength of Risk & Return tomorrow :			-7%
HIGH ~ LOW % range tomorrow :		0.7%	-0.5%
Predicted Average loss over the next 3 days:			-1.8%
◆ Hang Seng stock market 10 Day forecast
It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 8 : 2 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is somewhat higher, while the upward strength is moderate. Currently, it's about to begin a downtrend as a rebound trend gradually gives way to small increases and sharp declines. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish zone within a few days. A suitable investing position is 'Sell(Bearish)' for now. The appropriate buying timing is predicted to be in 2 days.
And the appropriate selling timing is predicted to be in 6 days.
(Forecast may change due to changes in the Buy-Sell strength)
◆ Volatility of forecast
Due to maintaining a proper flow of Buy-Sell strength that is suitable for the current trend, pretiming forecasting may have low volatility.
◆ Predicting the turning point of the trend
The probability of a trend reversal occurring approximately 7 days from now			53%
◆ Forecast of Upper~Lower price range over the next 10 days
Price:	18,403.77	~	19,148.25
% Change:	-3.6%	~	0.3%
Median price between the upper and lower prices		18,776.01	-1.7%
◆ Analysis of the trend zone & level% and average strength of trends
For the last 30 days, the average trend zone & level%		Bearish	-40%
The Current trend zone & level%		Bearish	-8%
The expected average trend zone & level% for the next 10 days		Bearish	-21%
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of		38%	(Max 100%)
And if it moves downward, it is expected to have a downward strength of		-55%	(Min -100%)
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW
Trend	Strength%	HIGH	LOW
In 1 day: Entering a downtrend	-7%	0.7%	-0.5%
In 2 days: Entering a downtrend	-45%	-0.2%	-2.1%
In 3 days: Entering an uptrend	22%	0.3%	-0.1%
In 4 days: Entering an uptrend	44%	1.2%	-0.1%
In 5 days: Entering a rebound trend	45%	2.0%	0.1%
In 6 days: Entering a rebound trend	42%	0.8%	0.1%
In 7 days: Reversion to a downtrend	-16%	0.8%	-0.5%
In 8 days: Downtrend	-91%	-0.1%	-2.1%
In 9 days: Downtrend	-98%	-0.2%	-2.0%
In 10 days: Entering a rebound trend	-76%	0.0%	-1.6%
◆ Average closing price in case of rising:			0.9%
=> HIGH ~ LOW range:	1.5%	~	-0.5%
◆ Average closing price in case of falling:			-1.1%
=> HIGH ~ LOW range:	0.3%	~	-1.5%
Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.