HUTTIG BUILDING PRODUCTS INC (HBP) Technical Analysis
NASDAQ:HBP • US4484511047
Current stock price
HBP Technical Rating and Analysis
Overall HBP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HBP is showing a nice and steady performance.
- 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 48 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 is also trading in the upper part of its 52 week range, so HBP is performing more or less in line with the market.
- 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.
HBP Weekly and Daily overview Charts
HBP Setup Rating and Analysis
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.
More info and screens
HBP Support and Resistance Analysis
8.42
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.
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.
HBP 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.
| 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. |
HBP Chart- and CandleStick Pattern Analysis
HBP 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.
| 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.
HBP Technicals: Chart, Performance Metrics, Trend & Indicators
10.7
+0.02 (+0.19%)
HUTTIG BUILDING PRODUCTS INC / HBP TA FAQ
What is the ChartMill technical rating of HUTTIG BUILDING PRODUCTS INC (HBP) stock?
ChartMill assigns a technical rating of 10 / 10 to HBP.
What is the trend direction for HBP stock?
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 short term momentum for HBP stock?
The short term momentum for HUTTIG BUILDING PRODUCTS INC (HBP) is positive.
What is the buy/sell signal for HUTTIG BUILDING PRODUCTS INC (HBP) stock?
The buy/sell signal for HUTTIG BUILDING PRODUCTS INC (HBP) is buy as both the short term and long term trends are positive.