HILLMAN SOLUTIONS CORP (HLMN) Stock Technical Analysis
NASDAQ:HLMN - US4316361090 - Common Stock
10.07 USD
+0.38 (+3.92%)
10.07 USD
0 (0%)
Overall HLMN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HLMN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
HLMN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HLMN has an average volume of 1785930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HLMN is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HLMN is an average performer in the Machinery industry, it outperforms 67% of 127 stocks in the same industry.
HLMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLMN is lagging the market.
HLMN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.86, a Stop Loss order could be placed below this zone.
More info and screens
6.55
10.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.67 to 9.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.18 to 8.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.62 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @10.30 from a trend line in the daily time frame.
- Resistance @10.50 from a horizontal 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 | UP | POSITIVE | The long term trend for HLMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLMN is up. |
| ChartMill Relative Strength | 81.33 | POSITIVE | HLMN has a high relative strength, it outperformed 81.33% 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 | MIXED | The current price of HLMN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.29 | NEUTRAL | The RSI value for HLMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HLMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.86 | NEUTRAL | The Stochastics value for HLMN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for HLMN suggests some volalility. |
| Average Directional Index/ADX (14) | 41.74 | POSITIVE | The high ADX value value for HLMN suggests a strong 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)
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 |
|---|---|---|---|
| 10.31 | 9.66 | 0.65 (6.30%) | 15.86% |
| An entry @10.31. This is a Buy Stop order right above the resistance zone. | An exit @9.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.65 points, which is 6.30%. | When investing 15.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HLMN. 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.
10.07
+0.38 (+3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.92%
1 Week3.28%
2 Weeks2.44%
1 Month24.78%
3 Month38.9%
6 Month0.5%
12 Month4.14%
2 Year11.27%
3 Year20.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%4.06%
ATR Inc-4.13%
Range Today0.61
ADR(20)0.34
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.33
Mansfield-0.08
10 Day High10.4
10 Day Low9.52
20 Day High10.4
20 Day Low7.56
52 Week High12.08
52 Week Low6.55
CS1 End9.86
CR1 Start10.3
Volume & EV
DER(3)-2.92%
DER(5)-2.05%
Volume1.73M
Volume Incr-28.03%
Vol(5)1.45M
Vol(50)1.79M