HUDSON TECHNOLOGIES INC (HDSN) Stock Technical Analysis
NASDAQ:HDSN - Nasdaq - US4441441098 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to HDSN. Both in the recent history as in the last year, HDSN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
HDSN is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. HDSN outperforms 72% of them.
HDSN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HDSN has a been trading in the 7.98 - 10.05 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HDSN did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although HDSN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.20
10.04
We found 4 important support areas.
- Support @8.54 from a trend line in the daily time frame.
- Support @6.04 from a horizontal line in the daily time frame.
- A support zone ranging from 5.64 to 5.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.79 to 9.94. 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 HDSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HDSN is up. |
| ChartMill Relative Strength | 85.22 | POSITIVE | HDSN has a high relative strength, it outperformed 85.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HDSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HDSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HDSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.31 | OVERBOUGHT | The high RSI value suggests HDSN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HDSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.93 | OVERBOUGHT | The high Stochastics value suggests HDSN may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for HDSN suggests some volalility. |
| Average Directional Index/ADX (14) | 47.27 | 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)
9.78
-0.1 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.01%
1 Week4.15%
2 Weeks18.12%
1 Month16.43%
3 Month31.1%
6 Month76.22%
12 Month24.59%
2 Year-18.91%
3 Year17.83%
5 Year750.44%
10 Year213.46%
15 Year401.54%
Volatility
ATR(14)0.39
ATR(20)%3.56%
ATR Inc-33.03%
Range Today0.29
ADR(20)0.3
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.22
Mansfield3.05
10 Day High10.06
10 Day Low8.24
20 Day High10.06
20 Day Low7.98
52 Week High10.06
52 Week Low5.11
CS1 End8.54
CR1 Start9.79
Volume & EV
DER(3)-0.63%
DER(5)-0.96%
Volume301.70K
Volume Incr57.25%
Vol(5)651.26K
Vol(50)430.31K