HIPPO HOLDINGS INC (HIPO) Stock Technical Analysis
NYSE:HIPO - New York Stock Exchange, Inc. - US4335392027 - Common Stock - Currency: USD
Taking everything into account, HIPO scores 8 out of 10 in our technical rating. HIPO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
HIPO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that HIPO is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, HIPO also shows a nice and consistent pattern of rising prices.
HIPO is one of the better performing stocks in the Insurance industry, it outperforms 93% of 143 stocks in the same industry.
HIPO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIPO is lagging the market.
Considerably lower volume is observed in the last couple of days.
HIPO 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 support zone below the current price at 25.97, a Stop Loss order could be placed below this zone.
More info and screens
21.19
30.58
4 important support areas can be observed.
- A support zone ranging from 25.97 to 25.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.55 from a trend line in the weekly time frame.
- Support @21.89 from a trend line in the weekly time frame.
- Support @21.40 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 26.29 to 26.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.07 to 27.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.51 to 28.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.56 to 29.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @30.28 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 | NEUTRAL | NEUTRAL | The short term trend for HIPO is neutral. |
| ChartMill Relative Strength | 87.93 | POSITIVE | HIPO has a high relative strength, it outperformed 87.93% 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) | UP | MIXED | The current price of HIPO is below the rising 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) | 45.19 | NEUTRAL | The RSI value for HIPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests HIPO has a negative trend. |
| Stochastics (14,3) | 21.07 | NEUTRAL | The Stochastics value for HIPO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for HIPO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.67 | POSITIVE | The high ADX value value for HIPO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 26.54 | 25.96 | 0.58 (2.19%) | 25.00% |
| An entry @26.54. This is a Buy Stop order right above the resistance zone. | An exit @25.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 2.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of HIPO. Please evaluate whether better entry and exit points can be found.
- 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.
26.28
-0.56 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.09%
1 Week-1.24%
2 Weeks-0.34%
1 Month-5.5%
3 Month8.01%
6 Month-6.14%
12 Month63.94%
2 Year52.79%
3 Year23.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%3.83%
ATR Inc-30.4%
Range Today0.96
ADR(20)0.99
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.93
Mansfield-0.27
10 Day High27.41
10 Day Low25.8
20 Day High29.84
20 Day Low25.8
52 Week High35.44
52 Week Low14.58
CS1 End25.97
CR1 Start26.29
Volume & EV
DER(3)-3.08%
DER(5)-1.61%
Volume214.10K
Volume Incr-39.54%
Vol(5)149.04K
Vol(50)263.54K