Overall HLG gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HLG was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HLG is a bad performer in the overall market: 70% of all stocks are doing better.
- HLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: HLG has an average volume of 2652 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month HLG has a been trading in the 13.50 - 14.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- HLG is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, HLG did better than 67% of them.
- Volume is considerably higher in the last couple of days.
HLG has an average technical rating and the quality of the presented setup is also 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
12.32
4 important support areas can be observed.
- A support zone ranging from 13.61 to 14.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.27 from a trend line in the daily time frame.
- A support zone ranging from 12.90 to 13.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @12.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @14.31 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for HLG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLG is up. |
| ChartMill Relative Strength | 30.87 | NEUTRAL | HLG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.17 | NEUTRAL | The RSI value for HLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HLG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.28 | NEUTRAL | The Stochastics value for HLG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for HLG suggests low volalility. |
| Average Directional Index/ADX (14) | 61.35 | POSITIVE | The high ADX value value for HLG suggests a strong trend. |
NASDAQ:HLG (9/15/2022, 9:26:56 PM)
14.3
+0.03 (+0.21%)
HAILIANG EDUCATION GROUP-ADR / HLG FAQ
What is the technical rating for HLG stock?
ChartMill assigns a technical rating of 5 / 10 to HLG.
Can you provide the trend direction for HAILIANG EDUCATION GROUP-ADR?
The current trend direction for HAILIANG EDUCATION GROUP-ADR (HLG) is Bearish.
Can you provide the RSI signal for HAILIANG EDUCATION GROUP-ADR?
HAILIANG EDUCATION GROUP-ADR (HLG) has an RSI value of 61.1664. This indicates that the stock is currently neutral.
What is the MACD signal for HLG stock?
The MACD indicator for HAILIANG EDUCATION GROUP-ADR (HLG) has a value of -0.00196599, indicating a bearish trend.
What is the short term momentum for HLG stock?
The short term momentum for HAILIANG EDUCATION GROUP-ADR (HLG) is positive.