HAYNES INTERNATIONAL INC (HAYN) Stock Technical Analysis
USA - NASDAQ:HAYN - US4208772016 - Common Stock
We assign a technical rating of 7 out of 10 to HAYN. Although HAYN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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
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.
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. |
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 worst case loss on the trade is limited to 0.62 points, which is 1.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- 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.
60.99
+0.02 (+0.03%)
HAYNES INTERNATIONAL INC / HAYN FAQ
Can you provide the ChartMill technical rating for HAYNES INTERNATIONAL INC?
ChartMill assigns a technical rating of 7 / 10 to HAYN.
Can you provide the trend direction for HAYNES INTERNATIONAL INC?
The current trend direction for HAYNES INTERNATIONAL INC (HAYN) is Bullish.
What is the RSI signal for HAYNES INTERNATIONAL INC (HAYN) stock?
HAYNES INTERNATIONAL INC (HAYN) has an RSI value of 68.9279. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HAYNES INTERNATIONAL INC?
The buy/sell signal for HAYNES INTERNATIONAL INC (HAYN) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HAYNES INTERNATIONAL INC?
HAYNES INTERNATIONAL INC (HAYN) has a support level at 60.74 and a resistance level at 61. Check the full technical report for our detailed analysis of HAYN support and resistance levels.