HAMILTON LANE INC-CLASS A (HLNE) Stock Technical Analysis
NASDAQ:HLNE - Nasdaq - US4074971064 - Common Stock - Currency: USD
Overall HLNE gets a technical rating of 2 out of 10. HLNE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
HLNE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HLNE is lagging the market.
In the last month HLNE has a been trading in the 132.94 - 179.19 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When compared to the yearly performance of all other stocks, HLNE outperforms 54% of them, which is more or less in line with the market.
HLNE is an average performer in the Capital Markets industry, it outperforms 63% of 232 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
134.29
176.57
When analyzing the support we notice one important area.
- Support @135.65 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 149.83 to 153.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @167.38 from a trend line in the weekly time frame.
- A resistance zone ranging from 172.76 to 174.82. This zone is formed by a combination of multiple trend lines 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 | 54.13 | NEUTRAL | HLNE is not amongst the best or worst performers 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) | UP | MIXED | The current price of HLNE is below the rising 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) | 30.12 | NEUTRAL | The RSI value for HLNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.4 | NEGATIVE | The MACD value suggests HLNE has a negative trend. |
| Stochastics (14,3) | 2.67 | OVERSOLD | The low Stochastics value suggests HLNE may be oversold. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for HLNE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for HLNE 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)
135.91
-1.62 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.18%
1 Week-10.39%
2 Weeks-9.1%
1 Month-21.22%
3 Month-9.78%
6 Month-9.8%
12 Month15.64%
2 Year69.93%
3 Year102.31%
5 Year101.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.48
ATR(20)%4.92%
ATR Inc-27.35%
Range Today3.63
ADR(20)6.43
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.13
Mansfield-1.62
10 Day High154.33
10 Day Low132.94
20 Day High179.19
20 Day Low132.94
52 Week High203.72
52 Week Low115.59
CS1 End135.65
CR1 Start149.83
Volume & EV
DER(3)3.73%
DER(5)3.57%
Volume905.20K
Volume Incr43.19%
Vol(5)944.93K
Vol(50)619.71K