HUDSON TECHNOLOGIES INC (HDSN) Stock Technical Analysis
USA - NASDAQ:HDSN - US4441441098 - Common Stock
6.85 USD
+0.15 (+2.24%)
6.89 USD
+0.04 (+0.58%)
We assign a technical rating of 0 out of 10 to HDSN. HDSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, HDSN is a bad performer in the overall market: 74% of all stocks are doing better.
HDSN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HDSN is lagging the market.
In the last month HDSN has a been trading in the 6.45 - 9.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
HDSN is an average performer in the Trading Companies & Distributors industry, it outperforms 48% of 51 stocks in the same industry.
The technical rating of HDSN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.78
9.78
We can see 2 important resistance areas.
- Resistance @9.19 from a trend line in the daily time frame.
- Resistance @9.68 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for HDSN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDSN is down. |
| ChartMill Relative Strength | 26.4 | NEGATIVE | HDSN has a low relative strength, it was outperformed by 73.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HDSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HDSN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.74 | OVERSOLD | The low RSI value suggests HDSN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HDSN has a negative trend. |
| Stochastics (14,3) | 16.46 | OVERSOLD | The low Stochastics value suggests HDSN may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for HDSN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.43 | POSITIVE | The high ADX value value for HDSN 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)
6.85
+0.15 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.24%
1 Week-24.52%
2 Weeks-27.97%
1 Month-22.16%
3 Month-29.31%
6 Month-8.18%
12 Month16.1%
2 Year-44.53%
3 Year-39.33%
5 Year411.19%
10 Year125.33%
15 Year347.71%
Volatility
ATR(14)0.48
ATR(20)%6.1%
ATR Inc277.89%
Range Today0.49
ADR(20)0.35
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.4
3 months CRS6.74
6 months CRS18.43
Mansfield-1.46
10 Day High9.57
10 Day Low6.45
20 Day High9.65
20 Day Low6.45
52 Week High10.52
52 Week Low5.11
CS1 EndN/A
CR1 Start9.19
Volume & EV
DER(3)1.07%
DER(5)0.59%
Volume1.01M
Volume Incr236.02%
Vol(5)653.05K
Vol(50)274.11K
HUDSON TECHNOLOGIES INC / HDSN FAQ
What is the technical rating for HDSN stock?
ChartMill assigns a technical rating of 0 / 10 to HDSN.
Can you provide the trend direction for HUDSON TECHNOLOGIES INC?
The current trend direction for HUDSON TECHNOLOGIES INC (HDSN) is Bearish.
What is the RSI signal for HDSN stock?
HUDSON TECHNOLOGIES INC (HDSN) has an RSI value of 22.7442. This indicates that the stock is currently oversold.
Can you provide the short term momentum for HUDSON TECHNOLOGIES INC?
The short term momentum for HUDSON TECHNOLOGIES INC (HDSN) is negative.