HELIOS TECHNOLOGIES INC (HLIO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HLIO - US42328H1095 - Common Stock
We assign a technical rating of 10 out of 10 to HLIO. Both in the recent history as in the last year, HLIO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HLIO is one of the better performing stocks in the market, outperforming 88% of all stocks.
- HLIO is one of the better performing stocks in the Machinery industry, it outperforms 83% of 132 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 52.65 - 64.35 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 present a decent entry opportunity 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
54.15
We found 1 important support area.
- A support zone ranging from 54.70 to 56.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 88.37 | POSITIVE | HLIO has a high relative strength, it outperformed 88.37% 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) | 72.25 | OVERBOUGHT | The high RSI value suggests HLIO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests HLIO has a positive trend. |
| Stochastics (14,3) | 95.27 | OVERBOUGHT | The high Stochastics value suggests HLIO may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for HLIO suggests a strong trend. |
64.09
+1.18 (+1.88%)
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 72.247. 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 0.723019, 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.