HAMILTON LANE INC-CLASS A (HLNE) Stock Technical Analysis
NASDAQ:HLNE • US4074971064
Taking everything into account, HLNE scores 0 out of 10 in our technical rating. HLNE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, HLNE is a bad performer in the overall market: 79% of all stocks are doing better.
- HLNE 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 HLNE has a been trading in the 119.47 - 155.59 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- HLNE is an average performer in the Capital Markets industry, it outperforms 41% of 237 stocks in the same industry.
The technical rating of HLNE 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
112.82
We found 1 important support area.
- A support zone ranging from 113.96 to 113.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 148.89 to 150.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @156.86 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 | DOWN | NEGATIVE | The long term trend for HLNE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HLNE is down. |
| ChartMill Relative Strength | 21.35 | NEGATIVE | HLNE has a low relative strength, it was outperformed by 78.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HLNE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HLNE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HLNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.93 | NEUTRAL | The RSI value for HLNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.3 | NEGATIVE | The MACD value suggests HLNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.08 | OVERSOLD | The low Stochastics value suggests HLNE may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for HLNE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for HLNE suggests a possible start of a new trend. |
123.19
+3.22 (+2.68%)
HAMILTON LANE INC-CLASS A / HLNE FAQ
Can you provide the ChartMill technical rating for HAMILTON LANE INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to HLNE.
What is the trend direction for HLNE stock?
The current trend direction for HAMILTON LANE INC-CLASS A (HLNE) is Bearish.
Can you provide the RSI signal for HAMILTON LANE INC-CLASS A?
HAMILTON LANE INC-CLASS A (HLNE) has an RSI value of 33.932. This indicates that the stock is currently neutral.
What is the short term momentum for HLNE stock?
The short term momentum for HAMILTON LANE INC-CLASS A (HLNE) is negative.
Can you provide the support and resistance levels for HAMILTON LANE INC-CLASS A?
HAMILTON LANE INC-CLASS A (HLNE) has a support level at 113.96 and a resistance level at 148.89. Check the full technical report for our detailed analysis of HLNE support and resistance levels.