HELIOS TECHNOLOGIES INC (HLIO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HLIO - US42328H1095 - Common Stock
Taking everything into account, HLIO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HLIO is only an average performer.
HLIO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 56.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.87, a Stop Loss order could be placed below this zone.
More info and screens
46.63
3 important support areas can be observed.
- A support zone ranging from 53.54 to 54.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.44 from a trend line in the daily time frame.
- A support zone ranging from 47.10 to 47.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 56.81 to 57.77. This zone is formed by a combination of multiple trend lines 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 | 77.37 | POSITIVE | HLIO has a high relative strength, it outperformed 77.37% 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) | 53.07 | NEUTRAL | The RSI value for HLIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HLIO has a negative trend. |
| Stochastics (14,3) | 46.8 | NEUTRAL | The Stochastics value for HLIO is a neutral value. |
| 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) | 12.7 | NEGATIVE | The low ADX value for HLIO suggests a weak or negative 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 |
|---|---|---|---|
| 57.78 | 53.53 | 4.25 (7.36%) | 13.60% |
| An entry @57.78. This is a Buy Stop order right above the resistance zone. | An exit @53.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.25 points, which is 7.36%. | When investing 13.60% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
55.37
-0.04 (-0.07%)
HELIOS TECHNOLOGIES INC / HLIO FAQ
Can you provide the ChartMill technical rating for HELIOS TECHNOLOGIES INC?
ChartMill assigns a technical rating of 8 / 10 to HLIO.
What is the current trend direction of HELIOS TECHNOLOGIES INC (HLIO) stock?
The current trend direction for HELIOS TECHNOLOGIES INC (HLIO) is Bullish.
Can you provide the RSI signal for HELIOS TECHNOLOGIES INC?
HELIOS TECHNOLOGIES INC (HLIO) has an RSI value of 53.0692. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HELIOS TECHNOLOGIES INC?
The MACD indicator for HELIOS TECHNOLOGIES INC (HLIO) has a value of -0.0255931, indicating a bearish trend.
What is the short term momentum for HELIOS TECHNOLOGIES INC (HLIO) stock?
The short term momentum for HELIOS TECHNOLOGIES INC (HLIO) is positive.