HELIOS TECHNOLOGIES INC (HLIO) Stock Technical Analysis
NYSE:HLIO - New York Stock Exchange, Inc. - US42328H1095 - Common Stock - Currency: USD
Overall HLIO gets a technical rating of 6 out of 10. In the past year, HLIO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month HLIO has a been trading in the 30.48 - 37.23 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, HLIO outperforms 58% of them, which is more or less in line with the market.
HLIO is part of the Machinery industry. There are 127 other stocks in this industry, HLIO did better than 48% of them.
HLIO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLIO is lagging the market.
Although the technical rating is only medium, HLIO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 34.45, a Stop Loss order could be placed below this zone.
More info and screens
30.95
54.00
We found 3 important support areas.
- A support zone ranging from 34.39 to 34.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @32.29 from a trend line in the daily time frame.
- A support zone ranging from 31.26 to 31.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @36.29 from a horizontal line in the weekly time frame.
- Resistance @36.94 from a horizontal line in the daily time frame.
- Resistance @53.47 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 | NEUTRAL | NEUTRAL | The long term trend for HLIO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLIO is up. |
| ChartMill Relative Strength | 58.15 | NEUTRAL | HLIO is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of HLIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.03 | NEUTRAL | The RSI value for HLIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HLIO has a positive trend. |
| Stochastics (14,3) | 79.53 | NEUTRAL | The Stochastics value for HLIO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for HLIO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 36.30 | 34.38 | 1.92 (5.29%) | 18.91% |
| An entry @36.30. This is a Buy Stop order right above the resistance zone. | An exit @34.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.92 points, which is 5.29%. | When investing 18.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HLIO. Please evaluate whether better entry and exit points can be found.
- 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.
36.28
-0.65 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.76%
1 Week0.08%
2 Weeks0.69%
1 Month13.94%
3 Month37.32%
6 Month-17.34%
12 Month-17.68%
2 Year-42.59%
3 Year-47.28%
5 Year-4.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%3.79%
ATR Inc2.41%
Range Today1.18
ADR(20)1.3
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.15
Mansfield-1.7
10 Day High37.23
10 Day Low33.85
20 Day High37.23
20 Day Low30.48
52 Week High57.29
52 Week Low24.76
CS1 End34.45
CR1 Start36.29
Volume & EV
DER(3)-4.52%
DER(5)-4.76%
Volume406.60K
Volume Incr-18.61%
Vol(5)435.84K
Vol(50)465.93K