HAMILTON LANE INC-CLASS A (HLNE) Stock Technical Analysis
NASDAQ:HLNE - Nasdaq - US4074971064 - Common Stock - Currency: USD
We assign a technical rating of 5 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month HLNE has a been trading in the 133.47 - 160.35 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, HLNE outperforms 62% of them, which is more or less in line with the market.
HLNE is part of the Capital Markets industry. There are 234 other stocks in this industry, HLNE did better than 59% of them.
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 average technical rating and it also does not offer a high 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
134.29
177.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 146.84 to 147.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 139.30 to 139.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 135.65 to 135.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @163.09 from a trend line in the weekly time frame.
- Resistance @168.66 from a trend line in the daily time frame.
- A resistance zone ranging from 172.75 to 175.50. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for HLNE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLNE is up. |
| ChartMill Relative Strength | 62.06 | NEUTRAL | HLNE is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of HLNE is above 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) | 56.95 | NEUTRAL | The RSI value for HLNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.53 | POSITIVE | The MACD value suggests HLNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.65 | OVERBOUGHT | The high Stochastics value suggests HLNE may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for HLNE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for HLNE suggests a weak or negative 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)
154.64
-4.46 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.8%
1 Week2.15%
2 Weeks5.18%
1 Month12.89%
3 Month12.28%
6 Month2.91%
12 Month10.54%
2 Year74.87%
3 Year104.63%
5 Year114.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.46
ATR(20)%2.77%
ATR Inc83.97%
Range Today6.11
ADR(20)4.14
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.06
Mansfield-0.92
10 Day High160.35
10 Day Low145.13
20 Day High160.35
20 Day Low133.47
52 Week High203.72
52 Week Low123.98
CS1 End147.35
CR1 Start163.09
Volume & EV
DER(3)-0.09%
DER(5)0.49%
Volume432.40K
Volume Incr-46.69%
Vol(5)479.54K
Vol(50)715.29K