HSBC Demonstrates Rising Market Leadership, Earns A Stock Strength Rating Upgrade

Group 1 - HSBC Holdings received an upgrade for its stock's Relative Strength (RS) Rating, increasing from 79 to 82 [1] - The stock is currently trading at its highest level since October 2008, following a significant rise in share price due to the pandemic [1] - The upgrade indicates renewed technical strength for HSBC Holdings, reflecting positive market sentiment [4] Group 2 - The article highlights the performance of other stocks, such as Broadcom, which saw a 24% increase, indicating a broader trend in the tech sector [1]