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HUTTIG BUILDING PRODUCTS INC (HBP) Stock Technical Analysis

NASDAQ:HBP - US4484511047 - Common Stock

10.7
+0.02 (+0.19%)
Last: 5/2/2022, 8:00:01 PM
10.7
0 (0%)
After Hours: 5/2/2022, 8:00:01 PM
Technical Rating and Analysis

10

Taking everything into account, HBP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HBP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HBP is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by HBP over the past year are nicely spread over this period.
HBP is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry. HBP outperforms 100% of them.
HBP 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 HBP is lagging the market slightly.
HBP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month HBP has a been trading in a tight range between 10.65 and 10.71.
Weekly and Daily overview Charts
HUTTIG BUILDING PRODUCTS INC / HBP Weekly stock chart
HUTTIG BUILDING PRODUCTS INC / HBP Daily stock chart
Setup Rating and Analysis

7

HBP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HBP in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

8.42

11.19

We found 6 important support areas.

  • A support zone ranging from 10.67 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.40 from a trend line in the weekly time frame.
  • A support zone ranging from 10.04 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.59 from a trend line in the daily time frame.
  • Support @9.43 from a trend line in the weekly time frame.
  • Support @8.50 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @10.78 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 11.07 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HBP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HBP is up.
ChartMill Relative Strength98.43POSITIVEHBP has a high relative strength, it outperformed 98.43% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HBP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HBP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HBP is above the rising SMA(200).
Relative Strength Index/RSI (14)66.19NEUTRALThe RSI value for HBP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests HBP has a negative trend, although the MACD value is rising.
Stochastics (14,3)66.67NEUTRALThe Stochastics value for HBP is a neutral value.
Average True Range in percent/ATR (20)0.22LOW VOLATILITYThe low ATR as a percentage value for HBP suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
10.7110.660.05 (0.47%)25.00%
An entry @10.71. This is a Buy Stop order right above the 10 day high.An exit @10.66. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.05 points, which is 0.47%.For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
HUTTIG BUILDING PRODUCTS INC / HBP Daily stock chart

HUTTIG BUILDING PRODUCTS INC

NASDAQ:HBP (5/2/2022, 8:00:01 PM)

After market: 10.7 0 (0%)

10.7

+0.02 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.19%
1 Week0.09%
2 Weeks0.19%
1 Month0.38%
3 Month17.97%
6 Month32.1%
12 Month97.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.22%
ATR Inc27.27%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.43
Mansfield4.58
10 Day High10.7
10 Day Low10.67
20 Day High10.71
20 Day Low10.65
52 Week High11.35
52 Week Low4.78
CS1 End10.69
CR1 Start10.78
Volume & EV
DER(3)4.66%
DER(5)4.5%
Volume304.20K
Volume Incr-27.21%
Vol(5)366.62K
Vol(50)415.19K