HERITAGE DISTILLING HOLDING (CASK) Stock Technical Analysis
NASDAQ:CASK - US42727R1041 - Common Stock
0.4511 USD
+0.04 (+10%)
0.46 USD
+0.01 (+1.97%)
We assign a technical rating of 0 out of 10 to CASK. CASK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CASK is a bad performer in the overall market: 100% of all stocks are doing better.
CASK is one of the lesser performing stocks in the Beverages industry. 87% of 32 stocks in the same industry do better.
In the last month CASK has a been trading in the 0.39 - 0.78 range, which is quite wide. It is currently trading near the lows of this range.
CASK has an average volume of 3290850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, CASK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for CASK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.40
0.66
We found 1 important support area.
- Support @0.40 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.50 from a trend line in the daily time frame.
- Resistance @0.65 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CASK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CASK is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CASK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CASK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CASK is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.49 | NEUTRAL | The RSI value for CASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CASK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.35 | OVERSOLD | The low Stochastics value suggests CASK may be oversold. |
| Average True Range in percent/ATR (20) | 18.16 | HIGH VOLATILITY | The high ATR as a percentage value for CASK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for CASK suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.4511
+0.04 (+10%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg10%
1 Week-2.84%
2 Weeks-8.18%
1 Month-17.83%
3 Month-19.45%
6 Month-52.48%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%18.16%
ATR Inc-50.26%
Range Today0.04
ADR(20)0.07
ADR(20)%16.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.54
10 Day Low0.39
20 Day High0.78
20 Day Low0.39
52 Week HighN/A
52 Week LowN/A
CS1 End0.4
CR1 Start0.5
Volume & EV
DER(3)8.27%
DER(5)2.91%
Volume679.90K
Volume Incr-37.6%
Vol(5)3.97M
Vol(50)3.29M