HIBBETT INC (HIBB) Technical Analysis
NASDAQ:HIBB • US4285671016
Current stock price
HIBB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to HIBB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HIBB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that HIBB is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by HIBB over the past year are nicely spread over this period.
- HIBB is part of the Specialty Retail industry. There are 123 other stocks in this industry. HIBB outperforms 95% of them.
- HIBB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HIBB is leading the market.
- In the last month HIBB has a been trading in a tight range between 87.06 and 87.53.
- Volume is considerably higher in the last couple of days.
HIBB Weekly and Daily overview Charts
HIBB Setup Rating and Analysis
HIBB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 87.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.41, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
HIBB Support and Resistance Analysis
75.84
2 important support areas can be observed.
- A support zone ranging from 84.27 to 87.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.61 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 87.50 to 87.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
HIBB 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 HIBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIBB is up. |
| ChartMill Relative Strength | 96.14 | POSITIVE | HIBB has a high relative strength, it outperformed 96.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.29 | OVERBOUGHT | The high RSI value suggests HIBB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HIBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.69 | OVERBOUGHT | The high Stochastics value suggests HIBB may be overbought. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for HIBB suggests low volalility. |
| Average Directional Index/ADX (14) | 39.69 | POSITIVE | The high ADX value value for HIBB suggests a strong trend. |
HIBB Chart- and CandleStick Pattern Analysis
HIBB Example Setup
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 |
|---|---|---|---|
| 87.51 | 87.26 | 0.25 (0.29%) | 25.00% |
| An entry @87.51. This is a Buy Stop order right above the resistance zone. | An exit @87.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 0.29%. | For a 0.07% 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.
HIBB Technicals: Chart, Performance Metrics, Trend & Indicators
87.49
+0.01 (+0.01%)
HIBBETT INC / HIBB TA FAQ
What is the ChartMill technical rating of HIBBETT INC (HIBB) stock?
ChartMill assigns a technical rating of 10 / 10 to HIBB.
Can you provide the trend direction for HIBBETT INC?
The current trend direction for HIBBETT INC (HIBB) is Bullish.
Can you provide the RSI signal for HIBBETT INC?
HIBBETT INC (HIBB) has an RSI value of 70.2907. This indicates that the stock is currently overbought.
What is the buy/sell signal for HIBB stock?
The buy/sell signal for HIBBETT INC (HIBB) is buy as both the short term and long term trends are positive.
What is the support and resistance level for HIBB stock?
HIBBETT INC (HIBB) has a support level at 87.41 and a resistance level at 87.5. Check the full technical report for our detailed analysis of HIBB support and resistance levels.