We assign a technical rating of 10 out of 10 to HIBL. Both in the recent history as in the last year, HIBL 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.
- Looking at the yearly performance, HIBL did better than 90% of all other stocks.
- HIBL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HIBL has a been trading in the 65.55 - 78.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HIBL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 73.50, a Stop Loss order could be placed below this zone.
More info and screens
49.50
When analyzing the support we can see 5 important areas.
- A support zone ranging from 72.02 to 73.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.85 from a horizontal line in the daily time frame.
- Support @61.80 from a trend line in the weekly time frame.
- Support @57.77 from a trend line in the daily time frame.
- Support @50.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @77.38 from a horizontal line in the daily time frame.
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 HIBL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIBL is up. |
| ChartMill Relative Strength | 90.18 | POSITIVE | HIBL has a high relative strength, it outperformed 90.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIBL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.11 | NEUTRAL | The RSI value for HIBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests HIBL has a negative trend. |
| Stochastics (14,3) | 57.97 | NEUTRAL | The Stochastics value for HIBL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HIBL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for HIBL suggests a weak or negative 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 |
|---|---|---|---|
| 77.39 | 72.01 | 5.38 (6.95%) | 14.38% |
| An entry @77.39. This is a Buy Stop order right above the resistance zone. | An exit @72.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.38 points, which is 6.95%. | For a 1.00% total portfolio risk, you can invest 14.38% 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.
73.51
-0.02 (-0.03%)
DIREXION DAILY S&P 500 HIGH / HIBL FAQ
What is the ChartMill technical rating of DIREXION DAILY S&P 500 HIGH (HIBL) stock?
ChartMill assigns a technical rating of 10 / 10 to HIBL.
Can you provide the trend direction for DIREXION DAILY S&P 500 HIGH?
The current trend direction for DIREXION DAILY S&P 500 HIGH (HIBL) is Bullish.
Can you provide the RSI signal for DIREXION DAILY S&P 500 HIGH?
DIREXION DAILY S&P 500 HIGH (HIBL) has an RSI value of 53.1069. This indicates that the stock is currently neutral.
What is the MACD signal for HIBL stock?
The MACD indicator for DIREXION DAILY S&P 500 HIGH (HIBL) has a value of -0.396447, indicating a bearish trend.
Can you provide the buy/sell signal for DIREXION DAILY S&P 500 HIGH?
The buy/sell signal for DIREXION DAILY S&P 500 HIGH (HIBL) is buy as both the short term and long term trends are positive.