HILLENBRAND INC (HI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HI - US4315711089 - Common Stock
Taking everything into account, HI scores 6 out of 10 in our technical rating. Although HI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 71% of all other stocks performed better in the past year than HI.
- HI is one of the lesser performing stocks in the Machinery industry. 61% of 132 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- HI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HI is lagging the market slightly.
- In the last month HI has a been trading in a tight range between 31.64 and 31.90.
Although the technical rating is only medium, HI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.72
We found 1 important support area.
- A support zone ranging from 31.03 to 31.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.91 to 32.09. 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 HI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HI is up. |
| ChartMill Relative Strength | 29.19 | NEGATIVE | HI has a low relative strength, it was outperformed by 70.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.26 | NEUTRAL | The RSI value for HI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.73 | OVERBOUGHT | The high Stochastics value suggests HI may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for HI suggests low volalility. |
| Average Directional Index/ADX (14) | 33.25 | POSITIVE | The high ADX value value for HI suggests a strong trend. |
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 |
|---|---|---|---|
| 31.91 | 31.77 | 0.14 (0.44%) | 25.00% |
| An entry @31.91. This is a Buy Stop order right above the 10 day high. | An exit @31.77. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 0.44%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
31.89
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HILLENBRAND INC / HI FAQ
What is the ChartMill technical rating of HILLENBRAND INC (HI) stock?
ChartMill assigns a technical rating of 6 / 10 to HI.
What is the current trend direction of HILLENBRAND INC (HI) stock?
The current trend direction for HILLENBRAND INC (HI) is Bullish.
What is the RSI signal for HILLENBRAND INC (HI) stock?
HILLENBRAND INC (HI) has an RSI value of 65.2575. This indicates that the stock is currently neutral.
What is the buy/sell signal for HI stock?
The buy/sell signal for HILLENBRAND INC (HI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for HI stock?
HILLENBRAND INC (HI) has a support level at 31.83 and a resistance level at 31.91. Check the full technical report for our detailed analysis of HI support and resistance levels.