HALMA PLC (HLMA.L) Stock Technical Analysis
LON:HLMA - London Exchange - GB0004052071 - Common Stock - Currency: GBX
Taking everything into account, HLMA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HLMA is showing a nice and steady performance.
Besides having an excellent technical rating, HLMA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3238.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HLMA in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2,462.63
We found 4 important support areas.
- A support zone ranging from 3102.77 to 3162.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2878.00 to 2878.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2675.58 from a trend line in the weekly time frame.
- Support @2487.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3224.00 to 3256.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 HLMA.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLMA.L is up. |
| ChartMill Relative Strength | 80.15 | POSITIVE | HLMA.L has a high relative strength, it outperformed 80.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HLMA.L is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLMA.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLMA.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.88 | NEUTRAL | The RSI value for HLMA.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.29 | NEGATIVE | The MACD value suggests HLMA.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61 | NEUTRAL | The Stochastics value for HLMA.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for HLMA.L suggests low volalility. |
| Average Directional Index/ADX (14) | 36.08 | POSITIVE | The high ADX value value for HLMA.L suggests a strong 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 |
|---|---|---|---|
| 3,256.01 | 3,223.99 | 32.02 (0.98%) | 25.00% |
| An entry @3256.01. This is a Buy Stop order right above the resistance zone. | An exit @3223.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 32.02 points, which is 0.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- The distance between exit and entry is rather small compared to the average daily movement of HLMA. 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.
LON:HLMA (8/1/2025, 2:15:38 PM)
3208
-44 (-1.35%)