Hong Kong Treasury 1-year bond

HongKong

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-Year1-day1-week1-month3-months1-year
Price Change %0.010.10.20.190.29
YTM change (%)13.8542.3142.3172.09

SECTION 1

1.1 Maturity

IssuerHongKong

SECTION 2

HONG KONG 1-YEAR BULLISH SIGNALS

2.1 Technicals:

Oversold/Bullish/Support 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:

DescriptionValueRank In Market
Price/MAP501.0In Top Quartile
Price Change %0.01In Top Quartile

SECTION 3

HONG KONG 1-YEAR BEARISH SIGNALS

Technicals:

+ The price decreased 0.1% in the last week and 0.2% in the last month.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ 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.

PV$10001-week1-month1-year
hong-kong-1-year.HK999998997

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValue

Source: www.BuySellSignals.com