We assign a technical rating of 7 out of 10 to HLNE. HLNE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- HLNE is part of the Capital Markets industry. There are 238 other stocks in this industry. HLNE outperforms 78% of them.
- In the last month HLNE has a been trading in the 134.26 - 155.66 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that HLNE is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- HLNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLNE is lagging the market.
HLNE 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 very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
113.91
We found 3 important support areas.
- Support @141.62 from a trend line in the daily time frame.
- A support zone ranging from 134.21 to 134.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @115.06 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @153.43 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The long term trend for HLNE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLNE is up. |
| ChartMill Relative Strength | 73.55 | POSITIVE | HLNE has a high relative strength, it outperformed 73.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.05 | NEUTRAL | The RSI value for HLNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests HLNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.39 | OVERBOUGHT | The high Stochastics value suggests HLNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for HLNE suggests some volalility. |
| Average Directional Index/ADX (14) | 35.27 | POSITIVE | The high ADX value value for HLNE 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 |
|---|---|---|---|
| 153.44 | 143.44 | 10.00 (6.52%) | 15.34% |
| An entry @153.44. This is a Buy Stop order right above the resistance zone. | An exit @143.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.00 points, which is 6.52%. | For a 1.00% total portfolio risk, you can invest 15.34% of your capital in this trade. |
- 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.
152.92
+3.6 (+2.41%)
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 7 / 10 to HLNE.
What is the trend direction for HLNE stock?
The current trend direction for HAMILTON LANE INC-CLASS A (HLNE) is Bullish.
Can you provide the RSI signal for HAMILTON LANE INC-CLASS A?
HAMILTON LANE INC-CLASS A (HLNE) has an RSI value of 66.0484. 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 positive.
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 141.62 and a resistance level at 153.43. Check the full technical report for our detailed analysis of HLNE support and resistance levels.