HGZN (000584) Stock Trend - Moving Up Or Down?

| December 5, 2018More Stocks

This report will help you analyze if HGZN (000584) stock price is trending up or down. The technique we are going to use involves moving averages. Moving average is a metric used to analyze the movement of price by smoothing out volatility (swings). When the graph of moving average is going up, the trend is said to be moving up (uptrend) and vice versa.

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Note: What is Simple Moving Average or SMA?

SMA is a running average of prices of a certain number of days. Assume we want to calculate the 7 days SMA as on Jan 30th. In that case, SMA will be the average of share prices between Jan 30th and six previous market open days.

Below is a table of contents to help you navigate between sections. This report contains three sections which satisfy three types of investors - short, medium and long-term investors.

  1. HGZN (000584) Stock Trend Based On 30 Days Moving Average
  2. 000584 Stock Trend Based On 60 Days SMA
  3. HGZN (000584) Stock Trend Based On 180 Days Moving Average

Note: If moving average method seems complex to you, we recommend you to read the simplistic 000584 stock rise report. That report just uses the close and beginning prices to assess trends.

1 HGZN (000584) Stock Trend Based On 30 Days Moving Average

In the first section, we are going to analyze the 30-day SMA of HGZN (000584) share price for recent 52 weeks between 2017-08-28 and 2018-08-28.

Below graph will show both the price and SMA of 000584 stock. As you can observe, the moving average is less volatile. The canceling out of volatility helps one see the real trend amidst daily price swings.

Have a quick look at the below graph. A brief analysis follows the graph.

52 Weeks Simple Moving Average Chart - HGZN (000584)

In the above graph, the blue line represents the price and the brown line is the moving average (SMA). Here are a few observations.

  1. The price oscillates (swings) more frequently than the SMA. The SMA curve is much smoother than the price.
  2. The SMA changes direction less frequently than the price.

000584 Trend Analysis: Ups And Downs In 52 Weeks

Whenever the SMA curve moves up, we call the price is trending upward. Similarly, when the curve moves down, the price is trending downward.

Based on 30 days SMA, the total number of uptrends and downtrends observed from the graph are the following.

Total Up TrendsToal Down Trends
1212

Longest Uptrend

The longest uptrend was between 2018-05-15 and 2018-07-13 for 43 days.

We have displayed below the prices during the longest uptrend (up to maximum of 10 rows) for you to get a feel about the trend movement.

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-05-1513.89
2018-05-1613.890 (0%)0 (0 %)
2018-05-1713.890 (0%)0 (0 %)
2018-05-1813.890 (0%)0 (0 %)
2018-05-2113.890 (0%)0 (0 %)
2018-05-2213.890 (0%)0 (0 %)
2018-05-2313.890 (0%)0 (0 %)
2018-05-2413.890 (0%)0 (0 %)
2018-05-2513.890 (0%)0 (0 %)

The average price of stock during the 30 Days SMA longest uptrend was 13.89 ¥.

Recommended Reading: 000584 52 week high low report will let you know the highest and lowest days, weeks and months in recent times.

5 Longest Uptrends

For your information, here are the 5 longest uptrends using 30-day SMA.

Start DateEnd DateNumber of Days
2018-05-152018-07-1643
2017-10-162017-11-2126
2018-02-122018-03-1619
2018-01-292018-02-013
2018-05-102018-05-142

Longest Downtrend

The longest downtrend was between 2018-03-23 and 2018-05-09 for 30 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 10 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-03-2313.92
2018-03-2613.990.07 (0.5%)0.07 (0.5 %)
2018-03-2714.040.05 (0.36%)0.12 (0.86 %)
2018-03-2813.89-0.15 (-1.07%)-0.03 (-0.22 %)
2018-03-2913.890 (0%)-0.03 (-0.22 %)
2018-03-3013.890 (0%)-0.03 (-0.22 %)
2018-04-0213.890 (0%)-0.03 (-0.22 %)
2018-04-0313.890 (0%)-0.03 (-0.22 %)
2018-04-0413.890 (0%)-0.03 (-0.22 %)

The average price of stock during the 30 Days SMA longest downtrend was 13.9 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 30-day SMA.

Start DateEnd DateNumber of Days
2018-03-232018-05-1030
2017-11-212017-12-2928
2018-01-082018-01-2915
2018-03-162018-03-224
2018-02-092018-02-121

Latest Trend of HGZN (000584) Share Prices

Towards the end of the price and SMA chart, the SMA is . Hence, 000584 is trending down!

Note: Those who buy and sell within 1 to 3 years can be said to be short-term investors. A moving average of short duration like 20 or 30 days will be of greater help to such investors over the others.

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2 000584 Stock Trend Based On 60 Days SMA

Now let us check the 60 days moving average for the duration of same 52 weeks observed in the previous section. Below is the graph followed by a brief analysis.

HGZN (000584) - 52 Weeks Trend Simple Moving Average Chart

Note: 60 Days SMA Vs 30 Days SMA

If you look at the 60 day SMA graph, you will notice one thing. The moving average curve is smoother than that you saw in the previous section. The reason is simple. Longer the timeframe, smoother the average will become.

HGZN (000584) Trend Analysis Based On 60 days SMA

Total Up TrendsToal Down Trends
1415

Longest Uptrend:

The longest uptrend was between 2017-11-28 and 2018-01-02 for 25 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-11-2814.46
2017-11-2914.470.01 (0.07%)0.01 (0.07 %)
2017-11-3014.4-0.07 (-0.48%)-0.06 (-0.41 %)
2017-12-0114.940.54 (3.75%)0.48 (3.32 %)
2017-12-0414.980.04 (0.27%)0.52 (3.6 %)
2017-12-0514.9-0.08 (-0.53%)0.44 (3.04 %)
2017-12-0614.90 (0%)0.44 (3.04 %)
2017-12-0714.79-0.11 (-0.74%)0.33 (2.28 %)
2017-12-0814.820.03 (0.2%)0.36 (2.49 %)
2017-12-1114.820 (0%)0.36 (2.49 %)
2017-12-1214.75-0.07 (-0.47%)0.29 (2.01 %)
2017-12-1314.80.05 (0.34%)0.34 (2.35 %)
2017-12-1414.69-0.11 (-0.74%)0.23 (1.59 %)
2017-12-1514.690 (0%)0.23 (1.59 %)

The average price of stock during the 60 Days SMA longest uptrend was 13.89 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 60-day SMA.

Start DateEnd DateNumber of Days
2017-11-282018-01-0325
2018-02-142018-03-1918
2018-06-222018-07-1616
2018-04-122018-04-162
2018-04-202018-04-242

Longest Downtrend:

The longest downtrend was between 2018-07-16 and 2018-08-28 for 32 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-07-1612.48
2018-07-1711.23-1.25 (-10.02%)-1.25 (-10.02 %)
2018-07-1810.11-1.12 (-9.97%)-2.37 (-18.99 %)
2018-07-1910.150.04 (0.4%)-2.33 (-18.67 %)
2018-07-209.55-0.6 (-5.91%)-2.93 (-23.48 %)
2018-07-239.54-0.01 (-0.1%)-2.94 (-23.56 %)
2018-07-249.550.01 (0.1%)-2.93 (-23.48 %)
2018-07-259.670.12 (1.26%)-2.81 (-22.52 %)
2018-07-269.860.19 (1.96%)-2.62 (-20.99 %)
2018-07-279.78-0.08 (-0.81%)-2.7 (-21.63 %)
2018-07-309.56-0.22 (-2.25%)-2.92 (-23.4 %)
2018-07-319.570.01 (0.1%)-2.91 (-23.32 %)
2018-08-019.55-0.02 (-0.21%)-2.93 (-23.48 %)
2018-08-029.48-0.07 (-0.73%)-3 (-24.04 %)

The average price of stock during the 60 Days SMA longest downtrend was 13.9 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 60-day SMA.

Start DateEnd DateNumber of Days
2018-07-162018-08-2832
2018-05-032018-06-1531
2018-01-032018-01-2617
2018-03-212018-04-1012
2018-01-312018-02-097

The Latest Trend of HGZN (000584) Based On 60 Day SMA:

Towards the end of the chart, the 60-day SMA is moving in the positive direction. Hence, 000584 is trending upwards!

Note: Trend analysis based on 60-day moving average will be of much help to medium term investors compared to long and short-term ones.

3 HGZN (000584) Stock Trend Based On 180 Days Moving Average

Value investors (long-term) investors prefer averages spanning over at least 100 days. This section analyzes the 180 days moving average during the recent 104 weeks.

HGZN (000584) - 52 Weeks Trend Simple Moving Average Chart

The number of uptrends and downtrends based on 180 days average can be summarized as shown below.

Total Up TrendsToal Down Trends
1313

Longest Uptrend:

The longest uptrend was between 2017-06-01 and 2018-05-16 for 235 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-06-0111.61
2017-06-0211.840.23 (1.98%)0.23 (1.98 %)
2017-06-0512.010.17 (1.44%)0.4 (3.45 %)
2017-06-0612.130.12 (1%)0.52 (4.48 %)
2017-06-0712.30.17 (1.4%)0.69 (5.94 %)
2017-06-0812.04-0.26 (-2.11%)0.43 (3.7 %)
2017-06-0912.330.29 (2.41%)0.72 (6.2 %)
2017-06-1212.29-0.04 (-0.32%)0.68 (5.86 %)
2017-06-1312.26-0.03 (-0.24%)0.65 (5.6 %)
2017-06-1412.22-0.04 (-0.33%)0.61 (5.25 %)
2017-06-1512.50.28 (2.29%)0.89 (7.67 %)
2017-06-1612.90.4 (3.2%)1.29 (11.11 %)
2017-06-1913.150.25 (1.94%)1.54 (13.26 %)
2017-06-2012.99-0.16 (-1.22%)1.38 (11.89 %)
2017-06-2113.20.21 (1.62%)1.59 (13.7 %)
2017-06-2212.8-0.4 (-3.03%)1.19 (10.25 %)
2017-06-2313.080.28 (2.19%)1.47 (12.66 %)
2017-06-2613.07-0.01 (-0.08%)1.46 (12.58 %)
2017-06-2713.250.18 (1.38%)1.64 (14.13 %)
2017-06-2813.18-0.07 (-0.53%)1.57 (13.52 %)
2017-06-2913.15-0.03 (-0.23%)1.54 (13.26 %)
2017-06-3013.06-0.09 (-0.68%)1.45 (12.49 %)
2017-07-0313.080.02 (0.15%)1.47 (12.66 %)
2017-07-0412.83-0.25 (-1.91%)1.22 (10.51 %)

The average price of stock during the 180 Days SMA longest uptrend was 14.19 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 180-day SMA.

Start DateEnd DateNumber of Days
2017-06-012018-05-17235
2018-06-042018-06-084
2018-06-142018-06-203
2018-06-212018-06-263
2018-06-272018-06-292

Longest Downtrend:

The longest downtrend was between 2018-07-13 and 2018-08-28 for 33 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-07-1313.89
2018-07-1612.48-1.41 (-10.15%)-1.41 (-10.15 %)
2018-07-1711.23-1.25 (-10.02%)-2.66 (-19.15 %)
2018-07-1810.11-1.12 (-9.97%)-3.78 (-27.21 %)
2018-07-1910.150.04 (0.4%)-3.74 (-26.93 %)
2018-07-209.55-0.6 (-5.91%)-4.34 (-31.25 %)
2018-07-239.54-0.01 (-0.1%)-4.35 (-31.32 %)
2018-07-249.550.01 (0.1%)-4.34 (-31.25 %)
2018-07-259.670.12 (1.26%)-4.22 (-30.38 %)
2018-07-269.860.19 (1.96%)-4.03 (-29.01 %)
2018-07-279.78-0.08 (-0.81%)-4.11 (-29.59 %)
2018-07-309.56-0.22 (-2.25%)-4.33 (-31.17 %)
2018-07-319.570.01 (0.1%)-4.32 (-31.1 %)
2018-08-019.55-0.02 (-0.21%)-4.34 (-31.25 %)
2018-08-029.48-0.07 (-0.73%)-4.41 (-31.75 %)
2018-08-039.530.05 (0.53%)-4.36 (-31.39 %)
2018-08-069.5-0.03 (-0.31%)-4.39 (-31.61 %)
2018-08-079.590.09 (0.95%)-4.3 (-30.96 %)
2018-08-089.53-0.06 (-0.63%)-4.36 (-31.39 %)
2018-08-099.620.09 (0.94%)-4.27 (-30.74 %)
2018-08-109.56-0.06 (-0.62%)-4.33 (-31.17 %)
2018-08-139.52-0.04 (-0.42%)-4.37 (-31.46 %)
2018-08-149.5-0.02 (-0.21%)-4.39 (-31.61 %)
2018-08-159.49-0.01 (-0.11%)-4.4 (-31.68 %)

The average price of stock during the 180 Days SMA longest downtrend was 9.89 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 180-day SMA.

Start DateEnd DateNumber of Days
2018-07-132018-08-2833
2018-07-052018-07-125
2018-06-262018-06-271
2018-06-292018-07-021
2018-07-032018-07-041

Conclusion :

Hopefully, the above report helped you with valuable insights regarding the trend of HGZN (000584) shares.

Recommended Reading: Price trends are sustainable only if associated with high volumes. 000584 Volume Analysis report will help you for sure.

Note: The moving averages serve as support or resistance based on their location relative to the price curve. If the moving average is above the price curve, one can say the moving average is a resistance line. On the other hand, if the moving average runs below the price, one can call the trendline as support. Whenever the price crosses the moving average or trend line, a breakout (reversal of trend) is said to have started.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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