HOLLEY INC (HLLY) Technical Analysis
NYSE:HLLY • US43538H1032
Current stock price
HLLY Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to HLLY. HLLY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the performance of all stocks over the past year, HLLY turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- HLLY is part of the Automobile Components industry. There are 41 other stocks in this industry, HLLY did better than 42% of them.
- HLLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HLLY is lagging the market slightly.
- In the last month HLLY has a been trading in the 2.71 - 3.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HLLY Weekly and Daily overview Charts
HLLY Setup Rating and Analysis
HLLY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HLLY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HLLY Support and Resistance Analysis
2.68
When analyzing the support we notice one important area.
- A support zone ranging from 2.71 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.14 from a horizontal line in the daily time frame.
- Resistance @4.30 from a horizontal line in the weekly time frame.
- Resistance @4.39 from a horizontal line in the daily time frame.
HLLY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HLLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HLLY is down. |
| ChartMill Relative Strength | 41.72 | NEUTRAL | HLLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HLLY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HLLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HLLY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.21 | NEUTRAL | The RSI value for HLLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HLLY has a positive trend. |
| Stochastics (14,3) | 69.37 | NEUTRAL | The Stochastics value for HLLY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for HLLY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.6 | POSITIVE | The high ADX value value for HLLY suggests a strong trend. |
HLLY Chart- and CandleStick Pattern Analysis
HLLY Technicals: Chart, Performance Metrics, Trend & Indicators
3.07
-0.06 (-1.92%)
HOLLEY INC / HLLY TA FAQ
What is the ChartMill technical rating of HOLLEY INC (HLLY) stock?
ChartMill assigns a technical rating of 1 / 10 to HLLY.
What is the current trend direction of HOLLEY INC (HLLY) stock?
The current trend direction for HOLLEY INC (HLLY) is Bearish.
What is the RSI signal for HLLY stock?
HOLLEY INC (HLLY) has an RSI value of 42.2085. This indicates that the stock is currently neutral.
What is the MACD signal for HOLLEY INC (HLLY) stock?
The MACD indicator for HOLLEY INC (HLLY) has a value of 0.0485878, indicating a bearish trend.
What is the short term momentum for HLLY stock?
The short term momentum for HOLLEY INC (HLLY) is negative.