HECLA MINING CO (HL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HL - US4227041062 - Common Stock
Taking everything into account, HL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HL is showing a nice and steady performance.
Although HL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
16.09
We found 2 important support areas.
- A support zone ranging from 19.88 to 19.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.25 from a trend 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 HL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HL is up. |
| ChartMill Relative Strength | 99.13 | POSITIVE | HL has a high relative strength, it outperformed 99.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.42 | NEUTRAL | The RSI value for HL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HL has a positive trend. |
| Stochastics (14,3) | 81.62 | OVERBOUGHT | The high Stochastics value suggests HL may be overbought. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for HL suggests high volalility. |
| Average Directional Index/ADX (14) | 35.22 | POSITIVE | The high ADX value value for HL suggests a strong 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 |
|---|---|---|---|
| 22.63 | 19.87 | 2.76 (12.20%) | 8.20% |
| An entry @22.63. This is a Buy Stop order right above the 10 day high. | An exit @19.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.76 points, which is 12.20%. | For a 1.00% total portfolio risk, you can invest 8.20% 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.
22.45
+1.44 (+6.85%)
HECLA MINING CO / HL FAQ
What is the technical rating for HL stock?
ChartMill assigns a technical rating of 10 / 10 to HL.
Can you provide the trend direction for HECLA MINING CO?
The current trend direction for HECLA MINING CO (HL) is Bullish.
What is the RSI signal for HECLA MINING CO (HL) stock?
HECLA MINING CO (HL) has an RSI value of 67.4225. This indicates that the stock is currently neutral.
What is the MACD signal for HECLA MINING CO (HL) stock?
The MACD indicator for HECLA MINING CO (HL) has a value of 0.0842666, indicating a bearish trend.
What is the support and resistance level for HL stock?
HECLA MINING CO (HL) has a support level at 19.93. Check the full technical report for our detailed analysis of HL support and resistance levels.