HI Technical Analysis - HILLENBRAND INC

Technical Rating and Analysis

Overall HI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, HI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

HI is one of the better performing stocks in the Machinery industry, it outperforms 85% of 130 stocks in the same industry.

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 the 22.98 - 31.54 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

HI has an average volume of 1504600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, HI did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although HI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

20.48

31.81

2 important support areas can be observed.

A support zone ranging from 25.04 to 25.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 20.69 to 20.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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 HI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for HI is up.
ChartMill Relative Strength	87.21	POSITIVE	HI has a high relative strength, it outperformed 87.21% 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)	72.08	OVERBOUGHT	The high RSI value suggests HI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.56	POSITIVE	The MACD value suggests HI has a positive trend.
Stochastics (14,3)	98.6	OVERBOUGHT	The high Stochastics value suggests HI may be overbought.
Average True Range in percent/ATR (20)	3.9	MEDIUM VOLATILITY	The ATR as a percentage value for HI suggests some volalility.
Average Directional Index/ADX (14)	26.59	POSITIVE	The high ADX value value for HI suggests a strong trend.