HAILIANG EDUCATION GROUP-ADR (HLG) Technical Analysis
NASDAQ:HLG • US40522L1089
Current stock price
HLG Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to HLG. 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.
- 70% of all other stocks performed better in the past year than HLG.
- 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 long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- HLG is an average performer in the Diversified Consumer Services industry, it outperforms 58% of 73 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
HLG Weekly and Daily overview Charts
HLG Setup Rating and Analysis
HLG has an average technical rating and also the quality of the setup is 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.
More info and screens
HLG Support and Resistance Analysis
12.32
We found 4 important support areas.
- 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.
We found 1 important resistance area.
- Resistance @14.31 from a horizontal line in the weekly time frame.
HLG Technical Indicator Signal Analysis
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. |
HLG Chart- and CandleStick Pattern Analysis
HLG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HLG (9/15/2022, 9:26:56 PM)
14.3
+0.03 (+0.21%)
HAILIANG EDUCATION GROUP-ADR / HLG TA 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.
What is the RSI signal for HLG stock?
HAILIANG EDUCATION GROUP-ADR (HLG) has an RSI value of 61.1664. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HAILIANG EDUCATION GROUP-ADR?
The MACD indicator for HAILIANG EDUCATION GROUP-ADR (HLG) has a value of -0.00196599, indicating a bearish trend.
What is the support and resistance level for HLG stock?
HAILIANG EDUCATION GROUP-ADR (HLG) has a support level at 14.15 and a resistance level at 14.31. Check the full technical report for our detailed analysis of HLG support and resistance levels.