Overall HCVI gets a technical rating of 7 out of 10. 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.
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
10.21
When analyzing the support we can see 2 important areas.
- 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. |
11.67
+0.82 (+7.56%)
HENNESSY CAPITAL INVEST-CL A / HCVI 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 trend direction for HCVI stock?
The current trend direction for HENNESSY CAPITAL INVEST-CL A (HCVI) is Bullish.
What is the RSI signal for HCVI stock?
HENNESSY CAPITAL INVEST-CL A (HCVI) has an RSI value of 91.4465. This indicates that the stock is currently overbought.
What is the MACD signal for HENNESSY CAPITAL INVEST-CL A (HCVI) stock?
The MACD indicator for HENNESSY CAPITAL INVEST-CL A (HCVI) has a value of 0.0548752, indicating a bearish trend.
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.