HSBA.L chart analysis today

HSBA.L broke out of a bull pennant this bar on thin volume inside a weekly uptrend. Below 1529.68 the break has failed.

HSBC Holdings · daily · last close 1535.40 · read computed from candles through 2026-09-02. No AI, no signal, no target.

HSBA.L · Dailydaily
1079.721222.111364.501506.891649.28avg110602426553012130VolumeResistance 1542.60 · breaks resistanceSupport 1498.40 · 7 touchesPOLEBULL PENNANTBroke out 1529.68Breaks below 1529.68Weekly resistance 1600.00

The two prices that decide it

Above
1542.60 · resistance
Below
1529.68 · the breakout
Formation state
Broke above 1529.68 this bar on thin volume. No retest yet.
Trend
no clear directional structure — highs and lows are mixed
Agreement
Structure 3 of 4 (high) · indicators 1 of 3 (low)

Levels and what happened there

  • Resistance 1542.60
  • Support 1498.40
  • The last three times price reached 1542.60 it held every time, bouncing 3.0% on average.
  • The last seven times price reached 1498.40 it held 6 times, bouncing 4.0% on average, and broke through once.
  • Bigger picture Weekly up, daily flat. weekly — uptrend intact, nearest resistance 1600.00, rising wedge at 1552.97.
  • 52 weeks 4.6% below its 52-week high of 1610.00 and 62% above its 52-week low of 946.20.

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This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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