HELIOS TECHNOLOGIES INC (HLIO) Stock Technical Analysis
USA - NYSE:HLIO - US42328H1095 - Common Stock
Overall HLIO gets a technical rating of 9 out of 10. 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.
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.
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44.39
3 important support areas can be observed.
- A support zone ranging from 52.46 to 53.28. 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 49.59 to 49.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.84 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.11 to 57.11. 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 | 88.8 | POSITIVE | HLIO has a high relative strength, it outperformed 88.8% 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) | 62.97 | NEUTRAL | The RSI value for HLIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests HLIO has a positive trend. |
| Stochastics (14,3) | 95.48 | OVERBOUGHT | The high Stochastics value suggests HLIO may be overbought. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for HLIO suggests a possible start of a new trend. |
57.1
+0.9 (+1.6%)
HELIOS TECHNOLOGIES INC / HLIO FAQ
Can you provide the ChartMill technical rating for HELIOS TECHNOLOGIES INC?
ChartMill assigns a technical rating of 9 / 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 62.9676. 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 0.631642, 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.