HENNESSY CAPITAL INVEST-CL A (HCVI) Stock Technical Analysis
NASDAQ:HCVI - Nasdaq - US42600H1086 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to HCVI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HCVI is showing a nice and steady performance.
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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
Although HCVI has an excellent technical rating, it does not offer a high quality setup 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
10.21
11.79
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.
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. |
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)
11.67
+0.82 (+7.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.56%
1 Week7.91%
2 Weeks8.36%
1 Month9.58%
3 Month10.93%
6 Month9.9%
12 Month11.36%
2 Year15.2%
3 Year20.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.64%
ATR Inc5135.18%
Range Today3.05
ADR(20)0.18
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.08
Mansfield0.82
10 Day High13.79
10 Day Low10.74
20 Day High13.79
20 Day Low10.65
52 Week High13.79
52 Week Low10.3
CS1 End10.91
CR1 StartN/A
Volume & EV
DER(3)-1.09%
DER(5)-0.07%
Volume19.20K
Volume Incr273.13%
Vol(5)7.22K
Vol(50)10.47K