NYSE:HBB - US40701T1043 - Common Stock
We assign a technical rating of 1 out of 10 to HBB. HBB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HBB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.08, a Stop Loss order could be placed below this zone.
12.90
We found 1 important support area.
4 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for HBB is neutral. |
ChartMill Relative Strength | 5.72 | NEGATIVE | HBB has a low relative strength, it was outperformed by 94.28% 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) | DOWN | NEGATIVE | The current price of HBB is below a declining 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) | 44.74 | NEUTRAL | The RSI value for HBB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests HBB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 63.87 | NEUTRAL | The Stochastics value for HBB is a neutral value. |
Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for HBB suggests high volalility. |
Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for HBB suggests a weak or negative trend. |
14.24
-0.87 (-5.76%)