HILLENBRAND INC (HI) Stock Technical Analysis
NYSE:HI - US4315711089 - Common Stock
26.08 USD
+1.49 (+6.06%)
26.08 USD
0 (0%)
We assign a technical rating of 7 out of 10 to HI. HI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, HI turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
HI is an average performer in the Machinery industry, it outperforms 50% of 127 stocks in the same industry.
HI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HI is lagging the market.
HI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.09. Right above this resistance zone may be a good entry point.
More info and screens
19.65
26.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.90 to 26.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.59 to 24.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.85 to 19.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.09 to 26.39. 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 | NEUTRAL | NEUTRAL | The long term trend for HI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HI is up. |
| ChartMill Relative Strength | 58.03 | NEUTRAL | HI is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of HI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.27 | NEUTRAL | The RSI value for HI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests HI has a positive trend. |
| Stochastics (14,3) | 74.47 | NEUTRAL | The Stochastics value for HI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for HI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.67 | POSITIVE | The high ADX value value for HI 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)
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 |
|---|---|---|---|
| 26.40 | 25.89 | 0.51 (1.93%) | 25.00% |
| An entry @26.40. This is a Buy Stop order right above the resistance zone. | An exit @25.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 1.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of HI. Please evaluate whether better entry and exit points can be found.
- 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.
26.08
+1.49 (+6.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg6.06%
1 Week3.62%
2 Weeks32.25%
1 Month17.85%
3 Month39.09%
6 Month-15.57%
12 Month-22.31%
2 Year-46.16%
3 Year-37.41%
5 Year-17.75%
10 Year-3.26%
15 Year37.05%
Volatility
ATR(14)1.31
ATR(20)%4.47%
ATR Inc4.27%
Range Today1.91
ADR(20)1.1
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.03
Mansfield-1.05
10 Day High27.08
10 Day Low19.32
20 Day High27.08
20 Day Low19.28
52 Week High35.59
52 Week Low18.36
CS1 End26.07
CR1 Start26.09
Volume & EV
DER(3)-0.68%
DER(5)-0.25%
Volume683.00K
Volume Incr-4.04%
Vol(5)643.46K
Vol(50)590.06K