NASDAQ:HIBB - Nasdaq - US4285671016 - Common Stock - Currency: USD
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.
Besides having an excellent technical rating, HIBB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
75.84
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
87.49
+0.01 (+0.01%)