Bullish FlagDaily chart is forming Flag Pennant, which is high possibility of the bullish trend after breaching out the upper line.
About Shenzhen Component Index
The SZSE Component Index is a stock index that tracks the performance of the 500 largest companies listed on the Shenzhen Stock Exchange, one of the three stock exchanges operating independently in Mainland China. It's often seen as a benchmark of Shenzhen equities, a market rich enough to have other indices alongside SZSE Component Index, e.g. SZSE 300 Index or SZSE 1000 Index. Following SZSE Component Index helps investors stay in touch with what's happening in the Chinese economy.
More Drops for Shenzhen Component 399001Multiple trendline breaks, confirming further downward action. Fibonacci goals not quite met, but there is still time. Divergences not present yet.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlight
The SZSE Component Index 6/5/22The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE.
Price reached Fib ( 0.618 )
Price reached Weekly FVG
Good opportunity of long position.
+41.5% if price reached first red line
Good Luck Trader💯💯
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ShenZhen Component Index ended its 3 months retracement. Bullish
ShenZhen Component Index 3 months retracement ended.
Sideways retracement for 3 months without lower lows created.
Bullish months ahead.
399001: SZSE COMPONENT INDEXSZSE COMPONENT INDEX
1 - 15827
2 - 17648
3 - 19332
Stop, fixing below 11652
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Shenzhen Component Index Holding Up WellShenzhen Component Index
- Remains solid holding up above its Mid term Trend Support.
- A breakout from its sideways resistant will bring the index to go for Super Bull Run.
- Downside risk remain easily at its Mid Term Trend Support. A violation will serve as 1st warning.
- Long Term Trend Suppo
Overall Long on ShenzhenShort-term short, but overall I'm still positive on this index. That said, this can turn ugly very, very, very quickly as the Shenzhen is the most speculative index in Asia for sure, maybe even the world. Definitely the highest volatility. So, if we do see a short-term pullback, this could quickly b
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current value of Shenzhen Component Index is 9,774.7273 CNY — it has fallen by −0.27% in the past 24 hours. Track the index more closely on the Shenzhen Component Index chart.
Shenzhen Component Index reached its highest quote on Oct 10, 2007 — 19,600.0290 CNY. See more data on the Shenzhen Component Index chart.
The lowest ever quote of Shenzhen Component Index is 2,593.3250 CNY. It was reached on Nov 15, 2005. See more data on the Shenzhen Component Index chart.
Shenzhen Component Index value has increased by 5.36% in the past week, since last month it has shown a −8.22% decrease, and over the year it's increased by 4.96%. Keep track of all changes on the Shenzhen Component Index chart.
The top companies of Shenzhen Component Index are SZSE:002594, SZSE:300750, and SZSE:000333 — they can boast market cap of 147.99 B CNY, 134.25 B CNY, and 72.30 B CNY accordingly.
The highest-priced instruments on Shenzhen Component Index are SZSE:002371, SZSE:002594, and SZSE:300033 — they'll cost you 456.66 CNY, 348.87 CNY, and 262.30 CNY accordingly.
The champion of Shenzhen Component Index is SZSE:000062 — it's gained 189.32% over the year.
The weakest component of Shenzhen Component Index is SZSE:300573 — it's lost −53.84% over the year.
Shenzhen Component Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Shenzhen Component Index futures or funds or invest in its components.
The Shenzhen Component Index is comprised of 500 instruments including SZSE:002594, SZSE:300750, SZSE:000333 and others. See the full list of Shenzhen Component Index components to find more opportunities.