HD Supply Hlds Cmm (HDS) Technical Analysis
NASDAQ:HDS
Current stock price
HDS Technical Rating and Analysis
Overall HDS gets a technical rating of 10 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, HDS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HDS did better than 84% of all other stocks.
- A new 52 week high is currently being made by HDS, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HDS is leading the market.
- HDS has an average volume of 4477250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HDS has a been trading in a tight range between 53.97 and 56.08.
- Volume is considerably higher in the last couple of days.
HDS Weekly and Daily overview Charts
HDS Setup Rating and Analysis
Besides having an excellent technical rating, HDS also presents 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 56.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.98, a Stop Loss order could be placed below this zone.
More info and screens
HDS Support and Resistance Analysis
38.77
We found 4 important support areas.
- A support zone ranging from 55.75 to 55.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.05 to 44.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.12 from a trend line in the daily time frame.
- Support @39.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.00 to 56.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
HDS 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 HDS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HDS is up. |
| ChartMill Relative Strength | 84.48 | POSITIVE | HDS has a high relative strength, it outperformed 84.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.9 | OVERBOUGHT | The high RSI value suggests HDS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests HDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.26 | OVERBOUGHT | The high Stochastics value suggests HDS may be overbought. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for HDS suggests low volalility. |
HDS Chart- and CandleStick Pattern Analysis
HDS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.01 | 55.74 | 0.27 (0.48%) | 25.00% |
| An entry @56.01. This is a Buy Stop order right above the resistance zone. | An exit @55.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 0.48%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HDS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HDS Technicals: Chart, Performance Metrics, Trend & Indicators
55.99
+0.12 (+0.21%)
HD Supply Hlds Cmm / HDS TA FAQ
What is the technical rating for HDS stock?
ChartMill assigns a technical rating of 9 / 10 to HDS.
Can you provide the trend direction for HD Supply Hlds Cmm?
The current trend direction for HD Supply Hlds Cmm (HDS) is Bullish.
What is the RSI signal for HD Supply Hlds Cmm (HDS) stock?
HD Supply Hlds Cmm (HDS) has an RSI value of 81.8999. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for HD Supply Hlds Cmm?
The buy/sell signal for HD Supply Hlds Cmm (HDS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HD Supply Hlds Cmm?
HD Supply Hlds Cmm (HDS) has a support level at 55.98 and a resistance level at 56. Check the full technical report for our detailed analysis of HDS support and resistance levels.