HOLLEY INC (HLLY) Stock Technical Analysis
USA - NYSE:HLLY - US43538H1032 - Common Stock
2.88 USD
-0.11 (-3.68%)
2.88 USD
0 (0%)
Overall HLLY gets a technical rating of 3 out of 10. HLLY was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
HLLY is one of the better performing stocks in the Automobile Components industry, it outperforms 75% of 83 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that HLLY is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HLLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLLY is lagging the market.
In the last month HLLY has a been trading in the 2.82 - 3.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HLLY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.87, a Stop Loss order could be placed below this zone.
More info and screens
2.08
4.00
3 important support areas can be observed.
- A support zone ranging from 2.85 to 2.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.22 from a trend line in the daily time frame.
- Support @2.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.90 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.96 from a trend 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 HLLY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HLLY is down. |
| ChartMill Relative Strength | 84.34 | POSITIVE | HLLY has a high relative strength, it outperformed 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HLLY is below 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) | DOWN | MIXED | The current price of HLLY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.16 | NEUTRAL | The RSI value for HLLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HLLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.56 | NEUTRAL | The Stochastics value for HLLY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for HLLY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for HLLY 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)
2.88
-0.11 (-3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-3.68%
1 Week-1.71%
2 Weeks-2.7%
1 Month-7.1%
3 Month44.72%
6 Month30.91%
12 Month9.92%
2 Year-32.24%
3 Year-27.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.38%
ATR Inc36.17%
Range Today0.12
ADR(20)0.12
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.34
3 months CRS91.88
6 months CRS81.11
Mansfield-0.42
10 Day High3.09
10 Day Low2.82
20 Day High3.16
20 Day Low2.82
52 Week High4.1
52 Week Low1.6
CS1 End2.87
CR1 Start2.9
Volume & EV
DER(3)0.34%
DER(5)-1.08%
Volume338.00K
Volume Incr-9.21%
Vol(5)394.36K
Vol(50)684.85K
HOLLEY INC / HLLY FAQ
What is the ChartMill technical rating of HOLLEY INC (HLLY) stock?
ChartMill assigns a technical rating of 3 / 10 to HLLY.
What is the trend direction for HLLY stock?
The current trend direction for HOLLEY INC (HLLY) is Bearish.
Can you provide the RSI signal for HOLLEY INC?
HOLLEY INC (HLLY) has an RSI value of 42.1642. This indicates that the stock is currently neutral.
What is the short term momentum for HOLLEY INC (HLLY) stock?
The short term momentum for HOLLEY INC (HLLY) is negative.