HILLENBRAND INC (HI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HI - US4315711089 - Common Stock
Taking everything into account, HI scores 7 out of 10 in our technical rating. Although HI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, HI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.66, a Stop Loss order could be placed below this zone.
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29.87
2 important support areas can be observed.
- A support zone ranging from 31.37 to 31.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.17 to 30.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.68 to 31.95. 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 HI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HI is up. |
| ChartMill Relative Strength | 75.17 | POSITIVE | HI has a high relative strength, it outperformed 75.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HI is below a declining 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) | 54.03 | NEUTRAL | The RSI value for HI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.11 | OVERSOLD | The low Stochastics value suggests HI may be oversold. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for HI suggests low volalility. |
| Average Directional Index/ADX (14) | 33.31 | 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 |
|---|---|---|---|
| 31.74 | 31.63 | 0.11 (0.36%) | 25.00% |
| An entry @31.74. This is a Buy Stop order right above the 10 day moving average. | An exit @31.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 0.36%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
31.66
-0.03 (-0.09%)
HILLENBRAND INC / HI FAQ
What is the ChartMill technical rating of HILLENBRAND INC (HI) stock?
ChartMill assigns a technical rating of 7 / 10 to HI.
What is the trend direction for 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 54.034. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HILLENBRAND INC?
The buy/sell signal for HILLENBRAND INC (HI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HILLENBRAND INC?
HILLENBRAND INC (HI) has a support level at 31.66 and a resistance level at 31.68. Check the full technical report for our detailed analysis of HI support and resistance levels.