HH&L ACQUISITION CO -CLASS A (HHLA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HHLA - KYG397141030 - Common Stock
We assign a technical rating of 6 out of 10 to HHLA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HHLA is only an average performer.
HHLA has an average technical rating and it also does not offer a high quality setup 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
9.56
2 important support areas can be observed.
- A support zone ranging from 10.37 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.66 to 9.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.76 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 HHLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HHLA is up. |
| ChartMill Relative Strength | 52.03 | NEUTRAL | HHLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HHLA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HHLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HHLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for HHLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HHLA has a negative trend. |
| Stochastics (14,3) | 14.13 | OVERSOLD | The low Stochastics value suggests HHLA may be oversold. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for HHLA suggests low volalility. |
| Average Directional Index/ADX (14) | 55.99 | POSITIVE | The high ADX value value for HHLA suggests a strong trend. |
NYSE:HHLA (2/9/2024, 8:04:00 PM)
10.75
-0.03 (-0.23%)
HH&L ACQUISITION CO -CLASS A / HHLA FAQ
What is the ChartMill technical rating of HH&L ACQUISITION CO -CLASS A (HHLA) stock?
ChartMill assigns a technical rating of 6 / 10 to HHLA.
What is the trend direction for HHLA stock?
The current trend direction for HH&L ACQUISITION CO -CLASS A (HHLA) is Bullish.
What is the RSI signal for HHLA stock?
HH&L ACQUISITION CO -CLASS A (HHLA) has an RSI value of 49.3061. This indicates that the stock is currently neutral.
What is the MACD signal for HH&L ACQUISITION CO -CLASS A (HHLA) stock?
The MACD indicator for HH&L ACQUISITION CO -CLASS A (HHLA) has a value of -0.00479736, indicating a bearish trend.
Can you provide the buy/sell signal for HH&L ACQUISITION CO -CLASS A?
The buy/sell signal for HH&L ACQUISITION CO -CLASS A (HHLA) is buy as both the short term and long term trends are positive.