HIPPO HOLDINGS INC (HIPO) Stock Technical Analysis
USA - NYSE:HIPO - US4335392027 - Common Stock
Taking everything into account, HIPO scores 3 out of 10 in our technical rating. In the last year, HIPO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
HIPO has a poor technical rating and the quality of the setup is also only medium 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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23.34
We found 2 important support areas.
- A support zone ranging from 31.40 to 31.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @36.89 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for HIPO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIPO is down. |
| ChartMill Relative Strength | 75.26 | POSITIVE | HIPO has a high relative strength, it outperformed 75.26% off all stocks 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) | 35.46 | NEUTRAL | The RSI value for HIPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests HIPO has a negative trend. |
| Stochastics (14,3) | 11.5 | OVERSOLD | The low Stochastics value suggests HIPO may be oversold. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for HIPO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for HIPO suggests a weak or negative trend. |
32.44
-1.17 (-3.48%)
HIPPO HOLDINGS INC / HIPO FAQ
What is the technical rating for HIPO stock?
ChartMill assigns a technical rating of 3 / 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 Bullish.
What is the RSI signal for HIPO stock?
HIPPO HOLDINGS INC (HIPO) has an RSI value of 35.4594. This indicates that the stock is currently neutral.
What is the buy/sell signal for HIPPO HOLDINGS INC (HIPO) stock?
The buy/sell signal for HIPPO HOLDINGS INC (HIPO) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for HIPPO HOLDINGS INC (HIPO) stock?
HIPPO HOLDINGS INC (HIPO) has a support level at 31.55 and a resistance level at 36.89. Check the full technical report for our detailed analysis of HIPO support and resistance levels.