HELIOS TECHNOLOGIES INC (HLIO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HLIO • US42328H1095
Overall HLIO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HLIO is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HLIO did better than 93% of all other stocks.
- HLIO is one of the better performing stocks in the Machinery industry, it outperforms 92% of 131 stocks in the same industry.
- A new 52 week high is currently being made by HLIO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month HLIO has a been trading in the 60.23 - 74.30 range, which is quite wide. It is currently trading near the high of this range.
Although HLIO has an excellent technical rating, it does not offer a high quality setup 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
57.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 69.10 to 69.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 64.05 to 64.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.13 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 HLIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLIO is up. |
| ChartMill Relative Strength | 93.7 | POSITIVE | HLIO has a high relative strength, it outperformed 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.29 | OVERBOUGHT | The high RSI value suggests HLIO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests HLIO has a positive trend. |
| Stochastics (14,3) | 90.43 | OVERBOUGHT | The high Stochastics value suggests HLIO may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIO suggests some volalility. |
| Average Directional Index/ADX (14) | 41.07 | POSITIVE | The high ADX value value for HLIO suggests a strong trend. |
73.41
+0.71 (+0.98%)
HELIOS TECHNOLOGIES INC / HLIO FAQ
Can you provide the ChartMill technical rating for HELIOS TECHNOLOGIES INC?
ChartMill assigns a technical rating of 10 / 10 to HLIO.
What is the trend direction for HLIO stock?
The current trend direction for HELIOS TECHNOLOGIES INC (HLIO) is Bullish.
What is the RSI signal for HELIOS TECHNOLOGIES INC (HLIO) stock?
HELIOS TECHNOLOGIES INC (HLIO) has an RSI value of 75.285. This indicates that the stock is currently overbought.
What is the MACD signal for HELIOS TECHNOLOGIES INC (HLIO) stock?
The MACD indicator for HELIOS TECHNOLOGIES INC (HLIO) has a value of 0.47367, indicating a bearish trend.
Can you provide the short term momentum for HELIOS TECHNOLOGIES INC?
The short term momentum for HELIOS TECHNOLOGIES INC (HLIO) is positive.