Hong Kong Treasury 1-year bond
HongKong Treasury 1-Year bond rises 0.01% from 14-day low [Implied Yield 0.74%] 20 October, 2017
NEWS BITES - BONDS
HongKong Treasury 1-Year bond, was up 0.01% from its 14-day low of HKD99.30 on 20 October, 2017. Its Williams % R is -96.3 which suggests it is oversold, a bullish signal. Its Relative Strength Index [RSI] is 14.3. An RSI reading of between 0 and 30 suggests the bond is close to its 14-day low. This suggests the bond is oversold; another bullish signal. The bond price has increased 0.60c (or 0.01%) from its last trading session of October 19, 2017 to close at HKD99.31. The yield to maturity is 0.74%.
|Hong Kong 1-Year||1-day||1-week||1-month||3-months||1-year|
|Price Change %||0.01||0.1||0.2||0.19||0.29|
|YTM change (%)||13.85||42.31||42.31||72.09|
HONG KONG 1-YEAR BULLISH SIGNALS
+ The Relative Strength Index (RSI) of 14.3 has breached the oversold line of 30, suggesting the price decrease of 0.1% in the last 14 days is unusually high.
+ The bond is oversold according to the Williams % R indicator of -96.3, suggesting the price is close to its 14-day low of HKD99.30.
2.2 High Performance Indicators:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top Quartile|
|Price Change %||0.01||In Top Quartile|
HONG KONG 1-YEAR BEARISH SIGNALS
+ The price decreased 0.1% in the last week and 0.2% in the last month.
PRICE VOLUME DYNAMICS
+ The Hong Kong 1-Year is at a discount of 0.3% to its 12-month high of HKD99.62 traded on October 27, 2016.
+ It is at a premium of 0.2% to its 12-month low of HKD99.11 traded on December 28, 2016.
+ The present value of HKD1,000 (PV1000) invested one year ago in Hong Kong 1-Year is HKD997, for a capital loss of HKD3.