NYSE:HBB - New York Stock Exchange, Inc. - US40701T1043 - Common Stock - Currency: USD
Taking everything into account, HBB scores 6 out of 10 in our technical rating. HBB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
HBB has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
14.66
3 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for HBB is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBB is up. |
ChartMill Relative Strength | 54.61 | NEUTRAL | HBB is not amongst the best or worst performers 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 | MIXED | The current price of HBB is above 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) | 62.5 | NEUTRAL | The RSI value for HBB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests HBB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 89.33 | OVERBOUGHT | The high Stochastics value suggests HBB may be overbought. |
Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for HBB suggests some volalility. |
Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for HBB suggests a possible start of a new 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 |
---|---|---|---|
20.32 | 17.40 | 2.92 (14.38%) | 6.96% |
An entry @20.32. This is a Buy Stop order right above the resistance zone. | An exit @17.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.92 points, which is 14.38%. | For a 1.00% total portfolio risk, you can invest 6.96% of your capital in this trade. |
19.47
-0.5 (-2.5%)