HAMILTON BEACH BRAND-A (HBB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HBB • US40701T1043
We assign a technical rating of 9 out of 10 to HBB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HBB is showing a nice and steady performance.
- Warning: HBB has an average volume of 26624 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- HBB is part of the Household Durables industry. There are 60 other stocks in this industry. HBB outperforms 93% of them.
- HBB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HBB is lagging the market slightly.
- Looking at the yearly performance, HBB did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month HBB has a been trading in the 15.87 - 20.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HBB 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 19.16. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
13.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.32 to 18.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.94 to 17.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.54 from a trend line in the daily time frame.
- Support @13.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.16 to 19.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 19.80 to 20.00. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for HBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBB is up. |
| ChartMill Relative Strength | 84.88 | POSITIVE | HBB has a high relative strength, it outperformed 84.88% 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) | UP | POSITIVE | The current price of HBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.11 | NEUTRAL | The RSI value for HBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HBB has a negative trend. |
| Stochastics (14,3) | 59.29 | NEUTRAL | The Stochastics value for HBB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for HBB suggests high volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for HBB 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 |
|---|---|---|---|
| 19.48 | 18.31 | 1.17 (6.01%) | 16.65% |
| An entry @19.48. This is a Buy Stop order right above the resistance zone. | An exit @18.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.17 points, which is 6.01%. | For a 1.00% total portfolio risk, you can invest 16.65% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HBB. Please evaluate whether better entry and exit points can be found.
- 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.
19.09
+0.11 (+0.58%)
HAMILTON BEACH BRAND-A / HBB FAQ
What is the ChartMill technical rating of HAMILTON BEACH BRAND-A (HBB) stock?
ChartMill assigns a technical rating of 9 / 10 to HBB.
What is the current trend direction of HAMILTON BEACH BRAND-A (HBB) stock?
The current trend direction for HAMILTON BEACH BRAND-A (HBB) is Bullish.
Can you provide the RSI signal for HAMILTON BEACH BRAND-A?
HAMILTON BEACH BRAND-A (HBB) has an RSI value of 61.1058. This indicates that the stock is currently neutral.
What is the MACD signal for HAMILTON BEACH BRAND-A (HBB) stock?
The MACD indicator for HAMILTON BEACH BRAND-A (HBB) has a value of -0.0707793, indicating a bearish trend.
What is the buy/sell signal for HBB stock?
The buy/sell signal for HAMILTON BEACH BRAND-A (HBB) is buy as both the short term and long term trends are positive.