HERITAGE DISTILLING HOLDING (CASK) Stock Technical Analysis
NASDAQ:CASK - Nasdaq - US42727R1041 - Common Stock - Currency: USD
Taking everything into account, CASK scores 2 out of 10 in our technical rating. CASK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 0.38 - 0.88 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CASK has an average volume of 2262170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CASK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone.
More info and screens
0.46
0.60
We found 2 important support areas.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.46 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.59 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CASK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CASK is neutral. |
| 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) | UP | POSITIVE | The current price of CASK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CASK is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.06 | NEUTRAL | The RSI value for CASK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CASK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.06 | NEUTRAL | The Stochastics value for CASK is a neutral value. |
| Average True Range in percent/ATR (20) | 25.79 | HIGH VOLATILITY | The high ATR as a percentage value for CASK suggests high volalility. |
| Average Directional Index/ADX (14) | 40.16 | POSITIVE | The high ADX value value for CASK suggests a strong 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)
0.5201
-0.03 (-5.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-5.26%
1 Week18.2%
2 Weeks20.64%
1 Month20.64%
3 Month13.07%
6 Month-56.29%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%25.79%
ATR Inc-39.88%
Range Today0.05
ADR(20)0.13
ADR(20)%25.07%
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 High0.88
10 Day Low0.43
20 Day High0.88
20 Day Low0.38
52 Week HighN/A
52 Week LowN/A
CS1 End0.51
CR1 Start0.59
Volume & EV
DER(3)-9.54%
DER(5)-7.35%
Volume1.02M
Volume Incr1835.3%
Vol(5)16.40M
Vol(50)2.26M