HIPPO HOLDINGS INC (HIPO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HIPO - US4335392027 - Common Stock
We assign a technical rating of 0 out of 10 to HIPO. HIPO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HIPO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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23.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.75 to 30.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.92 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 32.51 to 33.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.78 from a horizontal line in the daily time frame.
- Resistance @37.51 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 | NEUTRAL | NEUTRAL | The long term trend for HIPO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIPO is down. |
| ChartMill Relative Strength | 33.18 | NEUTRAL | HIPO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIPO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIPO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIPO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.26 | NEUTRAL | The RSI value for HIPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests HIPO has a negative trend. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests HIPO may be oversold. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for HIPO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for HIPO suggests a weak or negative trend. |
30.76
-0.23 (-0.74%)
HIPPO HOLDINGS INC / HIPO FAQ
What is the technical rating for HIPO stock?
ChartMill assigns a technical rating of 0 / 10 to HIPO.
What is the current trend direction of HIPPO HOLDINGS INC (HIPO) stock?
The current trend direction for HIPPO HOLDINGS INC (HIPO) is Bearish.
What is the RSI signal for HIPO stock?
HIPPO HOLDINGS INC (HIPO) has an RSI value of 37.2611. This indicates that the stock is currently neutral.
What are the support and resistance levels for HIPPO HOLDINGS INC (HIPO) stock?
HIPPO HOLDINGS INC (HIPO) has a support level at 30.75 and a resistance level at 32.51. Check the full technical report for our detailed analysis of HIPO support and resistance levels.