Hang Seng Tech Rocket Ship Running on FumesHang Seng Tech futures look like they’re running out of rocket fuel after the recent surge, hinting that a fresh catalyst may be needed to recalibrate the trajectory higher. That could mean a pullback before another move up.
Price, oscillators, and volumes have rolled over in unison, putting the up
Inverse Head and Shoulders HKEX:HTI1! The Hang Seng Tech Index has been hovering around the 3700-4000 level for more than 6 months. Currently, the index is trading at 4338 with the nearest resistance at the 4800 level.
Given the boost from the Chinese government, which is considered supportive of local tech companies, it i
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Hang Seng TECH Index Futures is 4,762 HKD — it has fallen −3.11% in the past 24 hours. Watch Hang Seng TECH Index Futures price in more detail on the chart.
The volume of Hang Seng TECH Index Futures is 12.15 K. Track more important stats on the Hang Seng TECH Index Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Hang Seng TECH Index Futures this number is 159.00 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Hang Seng TECH Index Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Hang Seng TECH Index Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Hang Seng TECH Index Futures technicals for a more comprehensive analysis.