HILLMAN SOLUTIONS CORP (HLMN) Stock Technical Analysis
NASDAQ:HLMN - Nasdaq - US4316361090 - Common Stock - Currency: USD
Taking everything into account, HLMN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HLMN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, HLMN is a bad performer in the overall market: 83% of all stocks are doing better.
HLMN is one of the lesser performing stocks in the Machinery industry. 77% of 128 stocks in the same industry do better.
HLMN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HLMN has a been trading in the 6.55 - 8.02 range, which is quite wide. It is currently trading near the high of this range.
HLMN has an average volume of 1500120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
The technical rating of HLMN is bad and it also does not present a quality setup 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.
More info and screens
6.55
8.39
When analyzing the support we notice one important area.
- A support zone ranging from 6.62 to 6.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @7.78 from a horizontal line in the weekly time frame.
- Resistance @7.96 from a horizontal line in the daily time frame.
- Resistance @8.31 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for HLMN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLMN is up. |
| ChartMill Relative Strength | 17.04 | NEGATIVE | HLMN has a low relative strength, it was outperformed by 82.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HLMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.75 | NEUTRAL | The RSI value for HLMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HLMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.99 | OVERBOUGHT | The high Stochastics value suggests HLMN may be overbought. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for HLMN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for HLMN 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)
7.77
-0.18 (-2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.26%
1 Week1.97%
2 Weeks9.9%
1 Month5.86%
3 Month0.78%
6 Month-16.36%
12 Month-13.67%
2 Year-21.04%
3 Year-24.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.37%
ATR Inc33.96%
Range Today0.26
ADR(20)0.26
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.04
Mansfield-2.28
10 Day High8.02
10 Day Low7
20 Day High8.02
20 Day Low6.55
52 Week High12.08
52 Week Low6.55
CS1 End6.65
CR1 Start7.78
Volume & EV
DER(3)2.31%
DER(5)2.12%
Volume1.34M
Volume Incr24.64%
Vol(5)1.67M
Vol(50)1.50M