Should You Buy HSBC Holdings PLC (HSBC) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
BUY for a beginner, long-term investor: HSBC is in a clear uptrend (bullish moving averages and positive/expanding MACD), sentiment and catalysts are positive (market-cap milestone; Hong Kong efficiency via Hang Seng move), and Wall Street has been lifting targets with multiple upgrades. Despite being slightly overbought near resistance, the overall setup favors owning it now rather than waiting for a perfect dip.
Technical Analysis
Trend is bullish: SMA_5 > SMA_20 > SMA_200 confirms an established uptrend. MACD histogram is positive (0.303) and expanding, supporting continued momentum. RSI_6 at 73.56 indicates short-term overbought conditions, meaning a near-term pullback risk exists, especially with price near R1 (87.408) and below R2 (89.104). Key levels: Pivot 84.664 (important support area); Resistance 87.408 then 89.104; Support 81.919 then 80.223. With price at 87.2, the stock is pressing resistance but trend remains constructive.
