HBB Technical Analysis - HAMILTON BEACH BRAND-A

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to HBB. In the past year, HBB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, HBB is a bad performer in the overall market: 94% of all stocks are doing better.

HBB is one of the lesser performing stocks in the Household Durables industry. 81% of 61 stocks in the same industry do better.

HBB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Warning: HBB has an average volume of 28605 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month HBB has a been trading in the 13.64 - 15.94 range, which is quite wide. It is currently trading near the high of this range.

The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

HBB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.90

20.33

We found 4 important support areas.

Support @13.98 from a trend line in the daily time frame.
Support @13.64 from a horizontal line in the daily time frame.
Support @13.30 from a horizontal line in the daily time frame.
A support zone ranging from 13.03 to 13.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 15.02 to 15.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @18.77 from a trend line in the weekly time frame.
Resistance @20.13 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for HBB is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for HBB is up.
ChartMill Relative Strength	6.86	NEGATIVE	HBB has a low relative strength, it was outperformed by 93.14% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of HBB is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of HBB is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of HBB is below a declining SMA(200).
Relative Strength Index/RSI (14)	52.48	NEUTRAL	The RSI value for HBB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.06	POSITIVE	The MACD value suggests HBB has a positive trend, although the MACD value is declining.
Stochastics (14,3)	59.35	NEUTRAL	The Stochastics value for HBB is a neutral value.
Average True Range in percent/ATR (20)	4.15	MEDIUM VOLATILITY	The ATR as a percentage value for HBB suggests some volalility.
Average Directional Index/ADX (14)	20.47	NEUTRAL	The ADX value for HBB suggests a possible start of a new trend.