HAYNES INTERNATIONAL INC (HAYN) Technical Analysis
NASDAQ:HAYN • US4208772016
Current stock price
HAYN Technical Rating and Analysis
Overall HAYN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAYN is only an average performer.
- HAYN is one of the lesser performing stocks in the Metals & Mining industry. 67% of 160 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- HAYN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, HAYN outperforms 61% of them, which is more or less in line with the market.
- In the last month HAYN has a been trading in a tight range between 60.10 and 61.01.
- Volume is considerably higher in the last couple of days.
HAYN Weekly and Daily overview Charts
HAYN Setup Rating and Analysis
Besides having an excellent technical rating, HAYN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.74, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HAYN Support and Resistance Analysis
57.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 59.15 to 60.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.89 to 58.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 61.00 to 61.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
HAYN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for HAYN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAYN is up. |
| ChartMill Relative Strength | 61.33 | NEUTRAL | HAYN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAYN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAYN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.93 | NEUTRAL | The RSI value for HAYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HAYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.06 | OVERBOUGHT | The high Stochastics value suggests HAYN may be overbought. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for HAYN suggests low volalility. |
| Average Directional Index/ADX (14) | 45.8 | POSITIVE | The high ADX value value for HAYN suggests a strong trend. |
HAYN Chart- and CandleStick Pattern Analysis
HAYN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.01 | 60.39 | 0.62 (1.02%) | 25.00% |
| An entry @61.01. This is a Buy Stop order right above the resistance zone. | An exit @60.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 1.02%. | For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HAYN Technicals: Chart, Performance Metrics, Trend & Indicators
60.99
+0.02 (+0.03%)
HAYNES INTERNATIONAL INC / HAYN TA FAQ
Can you provide the ChartMill technical rating for HAYNES INTERNATIONAL INC?
ChartMill assigns a technical rating of 7 / 10 to HAYN.
What is the trend direction for HAYN stock?
The current trend direction for HAYNES INTERNATIONAL INC (HAYN) is Bullish.
Can you provide the RSI signal for HAYNES INTERNATIONAL INC?
HAYNES INTERNATIONAL INC (HAYN) has an RSI value of 68.9279. This indicates that the stock is currently neutral.
What is the MACD signal for HAYNES INTERNATIONAL INC (HAYN) stock?
The MACD indicator for HAYNES INTERNATIONAL INC (HAYN) has a value of 0.0220262, indicating a bearish trend.
What is the short term momentum for HAYNES INTERNATIONAL INC (HAYN) stock?
The short term momentum for HAYNES INTERNATIONAL INC (HAYN) is positive.