HUACHEN AI PARKING MANAGEMEN (HCAI) Stock Technical Analysis
NASDAQ:HCAI - Nasdaq - KYG4645R1149 - Common Stock - Currency: USD
Overall HCAI gets a technical rating of 0 out of 10. HCAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HCAI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.81. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HCAI 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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When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.81 to 0.81. 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 | DOWN | NEGATIVE | The long term trend for HCAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HCAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HCAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HCAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 21.01 | OVERSOLD | The low RSI value suggests HCAI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests HCAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.58 | NEUTRAL | The Stochastics value for HCAI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.32 | HIGH VOLATILITY | The high ATR as a percentage value for HCAI suggests high volalility. |
| Average Directional Index/ADX (14) | 49.15 | POSITIVE | The high ADX value value for HCAI suggests a strong trend. |
0.7803
-0.02 (-1.91%)