HL..L dominated by bulls lifting the market higher throughout the day
Moving higher for the 4th day in a row, HL.. L finished Thursday at 2088.00 gaining £29.00 (1.41%) on high volume. Today's closing price of 2088.00 marks the highest close since Inception. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Wednesday's high at 2064.00, Hargreaves Lansdown confirms its breakout through the previous session's high having traded £32.00 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.
Thursday's trading range was £55.00 (2.69%), that's far above last trading month's daily average range of £32.25. Weekly volatility is also higher, being way above the markets average with the monthly volatility being slightly below average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
Even though both sentiments are bullish for the next trading day, the classical technical analysis metrics are only slightly bullish while our quantitative statistics show a very bullish sentiment.
Market Conditions for Hargreaves Lansdown
|Close to S1 Support||TQ Pro Members Only|
|Closed above last periods high||TQ Pro Members Only|
|2 Consecutive Higher Closes||TQ Pro Members Only|
|Bounced off Technical Support S1||TQ Pro Members Only|
|Bearish Spinning Top||TQ Pro Members Only|
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