HH&L ACQUISITION CO -CLASS A (HHLA) Technical Analysis
NYSE:HHLA • KYG397141030
Current stock price
HHLA Technical Rating and Analysis
Overall HHLA gets a technical rating of 6 out of 10. Although HHLA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- When compared to the yearly performance of all other stocks, HHLA outperforms 52% of them, which is more or less in line with the market.
- HHLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HHLA is lagging the market slightly.
- In the last month HHLA has a been trading in a tight range between 10.74 and 10.90.
- Volume is considerably higher in the last couple of days.
HHLA Weekly and Daily overview Charts
HHLA Setup Rating and Analysis
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
HHLA Support and Resistance Analysis
9.56
We found 2 important support areas.
- 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.
HHLA 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 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. |
HHLA Chart- and CandleStick Pattern Analysis
HHLA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:HHLA (2/9/2024, 8:04:00 PM)
10.75
-0.03 (-0.23%)
HH&L ACQUISITION CO -CLASS A / HHLA TA 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 current trend direction of HH&L ACQUISITION CO -CLASS A (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 short term momentum for HHLA stock?
The short term momentum for HH&L ACQUISITION CO -CLASS A (HHLA) is positive.
What is the buy/sell signal for HH&L ACQUISITION CO -CLASS A (HHLA) stock?
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.