HSBC Holdings, plc.

Stage 3 · Topping · week 2

As of Oct 22, 2026, HSBC Holdings is in Stage 3, the topping phase, now in week 2 (since Oct 12, 2026). It closed at $91.89, 14.4% below its 52-week high and below its 200-day average, which is rising.

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. More about the company

$91.89

-2.14% today

$314B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S3 16w

S2 18w

S2 107w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 4w → S3 16w → S2 10w → S3 3w → S2 18w → S3 6w → S2 107w → S3 2w current

Total tracked: 166 weeks across 8 stage runs.

HSBC among Banks - Diversified5th of 20 by relative strength

All 20 →

Stocks in Banks - Diversified ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	TDThe Toronto Dominion Bank	Stage 3 · wk 2	89	+5.5%
2	BNSBank Nova Scotia Halifax Pfd 3	Stage 2 · wk 24	86	+2.2%
3	SMFGSumitomo Mitsui Financial Group Inc Unsponsored	Stage 3 · wk 1	86	−6.8%
4	NTBBank of N.T. Butterfield & Son Limited (The) Voting	Stage 3 · wk 3	85	+3.8%
5	HSBCHSBC Holdings, plc.	Stage 3 · wk 2	84	−8.3%
6	CMCanadian Imperial Bank of Commerce	Stage 3 · wk 4	84	+3.9%
7	INGING Group, N.V.	Stage 2 · wk 23	83	−9.7%
8	RYRoyal Bank Of Canada	Stage 3 · wk 4	82	+1.3%

vs 52W High

-14.4%

$63.34 lo$107.34 hi

14.4% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 2

1w13w26w

Week 2, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

-0.3%

200 DMA: $92.15 · rising

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

1.41x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-8.3%

-10.7%

+3.6%

YTD

+18.7%

+45.6%

Scan Membership

Breakout Watch

Latest: 2024-09-19

9 appearances in last 60 days. First seen: 2019-04-30.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 2 · Vol 1.41x

2026-10-21S3

Wk 2 · Vol 0.77x

2026-10-20S3

Wk 2 · Vol 0.99x

2026-10-19S3

Wk 2 · Vol 1.03x

2026-10-16S3

Wk 1 · Vol 1.04x

2026-10-15S3

Wk 1 · Vol 1.32x

2026-10-14S3

Wk 1 · Vol 1.42x

2026-10-13S3

Wk 1 · Vol 1.30x

2026-10-12S32→3

Wk 1 · Vol 1.11x

2026-10-09S2

Wk 104 · Vol 1.43x

2026-10-08S2

Wk 103 · Vol 2.56x

2026-10-07S2

Wk 103 · Vol 1.88x

Moving averages & range

50 DMA

$100.31

200 DMA

$92.15

52W High

$107.34

52W Low

$63.34

5D Low

$91.89

Resistance levels (recent highs)

20d High

$101.18

60d High

$107.34

120d High

$107.34

250d High

$107.34

Next resistance

+10.1%

to 20d High

P/E (TTM)

13.1

Forward 9.7

ROE

+13.1%

Profit margin +37.8%

Dividend Yield

3.99%

P/B 7.3

HSBC Holdings: quick answers

What stage is HSBC Holdings in?

As of Oct 22, 2026, HSBC Holdings (HSBC) is in Stage 3, the topping phase. It entered Stage 3 on Oct 12, 2026 and is in week 2. What the four stages mean

Is HSBC Holdings in an uptrend?

Its uptrend has stalled. HSBC Holdings is in Stage 3, the topping phase that follows an advance. It trades 0.3% below its 200-day average, which is rising.

How far is HSBC Holdings from its 52-week high?

HSBC Holdings closed at $91.89 on Oct 22, 2026, 14.4% below its 52-week high of $107.34. Its 52-week low is $63.34.

How has HSBC Holdings performed over the past year?

As of Oct 22, 2026, HSBC Holdings is up 45.6% over the past year and up 18.7% so far in 2026.

Which sector and industry is HSBC Holdings in?

HSBC Holdings is in the Banks - Diversified industry, part of the Financials sector.

About this companyFinancials· Banks - Diversified

HSBC Holdings plc engages in the provision of banking and financial products and services worldwide. It operates through four segments: Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking. The Hong Kong segment is involved in the retail banking and wealth and commercial banking of HSBC Hong Kong and Hang Seng Bank. The UK segment engages in UK retail banking and wealth, as well as first direct and M&S Bank, UK Commercial Banking, and HSBC Innovation Bank. The Corporate and Institutional Banking segment is involved in transaction banking and capital markets. The International Wealth and Premier Banking segment is involved in the business comprising premier banking outside of Hong Kong and the UK, its private bank, asset management, and insurance businesses. The company was founded in 1865 and is headquartered in London, the United Kingdom.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.