HUTTIG BUILDING PRODUCTS INC (HBP) Stock Technical Analysis
USA - NASDAQ:HBP - US4484511047 - Common Stock
We assign a technical rating of 10 out of 10 to HBP. 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.
Besides having an excellent technical rating, HBP 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.
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6 important support areas can be observed.
- 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.
When analyzing the resistance we notice 2 important 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.
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 HBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBP is up. |
| ChartMill Relative Strength | 98.43 | POSITIVE | HBP has a high relative strength, it outperformed 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.19 | NEUTRAL | The RSI value for HBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HBP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for HBP suggests low volalility. |
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 |
|---|---|---|---|
| 10.71 | 10.66 | 0.05 (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 trade has a worst case loss of 0.05 points, which is 0.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- 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.
10.7
+0.02 (+0.19%)
HUTTIG BUILDING PRODUCTS INC / HBP FAQ
Can you provide the ChartMill technical rating for HUTTIG BUILDING PRODUCTS INC?
ChartMill assigns a technical rating of 10 / 10 to HBP.
Can you provide the trend direction for HUTTIG BUILDING PRODUCTS INC?
The current trend direction for HUTTIG BUILDING PRODUCTS INC (HBP) is Bullish.
What is the RSI signal for HBP stock?
HUTTIG BUILDING PRODUCTS INC (HBP) has an RSI value of 66.1937. This indicates that the stock is currently neutral.
What is the MACD signal for HUTTIG BUILDING PRODUCTS INC (HBP) stock?
The MACD indicator for HUTTIG BUILDING PRODUCTS INC (HBP) has a value of -0.0442968, indicating a bearish trend.
Can you provide the buy/sell signal for HUTTIG BUILDING PRODUCTS INC?
The buy/sell signal for HUTTIG BUILDING PRODUCTS INC (HBP) is buy as both the short term and long term trends are positive.