HENNESSY CAPITAL INVEST-CL A (HCVI) Technical Analysis
NASDAQ:HCVI • US42600H1086
Current stock price
HCVI Technical Rating and Analysis
Taking everything into account, HCVI scores 7 out of 10 in our technical rating. Both in the recent history as in the last year, HCVI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: HCVI has an average volume of 10472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- A new 52 week high is currently being made by HCVI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month HCVI has a been trading in the 10.65 - 13.79 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that HCVI is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HCVI Weekly and Daily overview Charts
HCVI Setup Rating and Analysis
Although HCVI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HCVI Support and Resistance Analysis
10.21
2 important support areas can be observed.
- A support zone ranging from 10.67 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.31 to 10.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
HCVI 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 HCVI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCVI is neutral. |
| ChartMill Relative Strength | 88.08 | POSITIVE | HCVI has a high relative strength, it outperformed 88.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HCVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 91.45 | OVERBOUGHT | The high RSI value suggests HCVI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HCVI has a positive trend. |
| Stochastics (14,3) | 37.94 | NEUTRAL | The Stochastics value for HCVI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for HCVI suggests low volalility. |
| Average Directional Index/ADX (14) | 72.09 | POSITIVE | The high ADX value value for HCVI suggests a strong trend. |
HCVI Chart- and CandleStick Pattern Analysis
HCVI Technicals: Chart, Performance Metrics, Trend & Indicators
11.67
+0.82 (+7.56%)
HENNESSY CAPITAL INVEST-CL A / HCVI TA FAQ
What is the ChartMill technical rating of HENNESSY CAPITAL INVEST-CL A (HCVI) stock?
ChartMill assigns a technical rating of 7 / 10 to HCVI.
What is the current trend direction of HENNESSY CAPITAL INVEST-CL A (HCVI) stock?
The current trend direction for HENNESSY CAPITAL INVEST-CL A (HCVI) is Bullish.
What is the RSI signal for HENNESSY CAPITAL INVEST-CL A (HCVI) stock?
HENNESSY CAPITAL INVEST-CL A (HCVI) has an RSI value of 91.4465. This indicates that the stock is currently overbought.
Can you provide the short term momentum for HENNESSY CAPITAL INVEST-CL A?
The short term momentum for HENNESSY CAPITAL INVEST-CL A (HCVI) is neutral.