HAPPY CITY HOLDINGS LTD - A (HCHL) Technical Analysis
NASDAQ:HCHL • VGG4337R1091
Taking everything into account, HCHL scores 0 out of 10 in our technical rating. HCHL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than HCHL.
- HCHL is part of the Hotels, Restaurants & Leisure industry. There are 125 other stocks in this industry, of which 92% are performing better than HCHL.
- HCHL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
HCHL 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 1.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HCHL 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
0.98
We found 1 important support area.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 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 | DOWN | NEGATIVE | The long term trend for HCHL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCHL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HCHL 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 HCHL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HCHL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 24.7 | OVERSOLD | The low RSI value suggests HCHL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HCHL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.99 | NEUTRAL | The Stochastics value for HCHL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.01 | HIGH VOLATILITY | The high ATR as a percentage value for HCHL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.52 | POSITIVE | The high ADX value value for HCHL suggests a strong trend. |
HCHL Technicals: Chart, Performance Metrics, Trend & Indicators
1.01
-0.01 (-0.98%)
HAPPY CITY HOLDINGS LTD - A / HCHL FAQ
What is the technical rating for HCHL stock?
ChartMill assigns a technical rating of 0 / 10 to HCHL.
What is the current trend direction of HAPPY CITY HOLDINGS LTD - A (HCHL) stock?
The current trend direction for HAPPY CITY HOLDINGS LTD - A (HCHL) is Bearish.
What is the RSI signal for HCHL stock?
HAPPY CITY HOLDINGS LTD - A (HCHL) has an RSI value of 24.702. This indicates that the stock is currently oversold.
What is the short term momentum for HCHL stock?
The short term momentum for HAPPY CITY HOLDINGS LTD - A (HCHL) is negative.
Can you provide the buy/sell signal for HAPPY CITY HOLDINGS LTD - A?
The buy/sell signal for HAPPY CITY HOLDINGS LTD - A (HCHL) is sell as both the short term and long term trends are negative.