Hc2 Holdings Inc (HCHC) Stock Technical Analysis
NYSE:HCHC - New York Stock Exchange, Inc. -
We assign a technical rating of 3 out of 10 to HCHC. HCHC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month HCHC has a been trading in the 3.45 - 3.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, HCHC turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
HCHC is part of the Construction & Engineering industry. There are 52 other stocks in this industry, HCHC did better than 43% of them.
HCHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HCHC is lagging the market.
Volume is considerably higher in the last couple of days.
HCHC 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 3.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HCHC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.19
4.39
4 important support areas can be observed.
- A support zone ranging from 3.63 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.49 to 3.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.43 from a horizontal line in the daily time frame.
- Support @3.22 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.68 to 3.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.88 to 3.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.35 from a horizontal line in the daily time frame.
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 HCHC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCHC is neutral. |
| ChartMill Relative Strength | 61.03 | NEUTRAL | HCHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HCHC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HCHC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.59 | NEUTRAL | The RSI value for HCHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HCHC has a positive trend. |
| Stochastics (14,3) | 51.66 | NEUTRAL | The Stochastics value for HCHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for HCHC suggests some volalility. |
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)
3.68
+0.02 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.55%
1 Week2.22%
2 Weeks-1.6%
1 Month5.14%
3 Month-6.6%
6 Month-9.36%
12 Month46.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.26%
ATR Inc-17.87%
Range Today0.12
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
CRS61.03
Mansfield-0.56
10 Day High3.75
10 Day Low3.55
20 Day High3.95
20 Day Low3.45
52 Week High4.75
52 Week Low2.06
CS1 End3.67
CR1 Start3.68
Volume & EV
DER(3)0.89%
DER(5)6.82%
Volume1.25M
Volume Incr61.91%
Vol(5)407.36K
Vol(50)288.64K