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HAINAN MANASLU ACQUISITION C (HMAC) Stock Technical Analysis

NASDAQ:HMAC - KYG4233U1076 - Common Stock

5.85 USD
-2.82 (-32.53%)
Last: 8/17/2023, 8:20:46 PM
5.98 USD
+0.13 (+2.22%)
After Hours: 8/17/2023, 8:20:46 PM
Technical Rating and Analysis

0

Overall HMAC gets a technical rating of 0 out of 10. HMAC'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.

When comparing the yearly performance of all stocks, HMAC is a bad performer in the overall market: 100% of all stocks are doing better.
HMAC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month HMAC has a been trading in the 5.18 - 13.27 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
HAINAN MANASLU ACQUISITION C / HMAC Weekly stock chart
HAINAN MANASLU ACQUISITION C / HMAC Daily stock chart
Setup Rating and Analysis

3

The technical rating of HMAC 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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for HMAC is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for HMAC is down.
ChartMill Relative Strength0NEGATIVEHMAC has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of HMAC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of HMAC is below a declining SMA(50).
Relative Strength Index/RSI (14)26.59OVERSOLDThe low RSI value suggests HMAC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.24NEGATIVEThe MACD value suggests HMAC has a negative trend.
Stochastics (14,3)27.1NEUTRALThe Stochastics value for HMAC is a neutral value.
Average True Range in percent/ATR (20)23.7HIGH VOLATILITYThe high ATR as a percentage value for HMAC suggests high volalility.
Average Directional Index/ADX (14)37.21POSITIVEThe high ADX value value for HMAC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
HAINAN MANASLU ACQUISITION C / HMAC Daily stock chart

HAINAN MANASLU ACQUISITION C

NASDAQ:HMAC (8/17/2023, 8:20:46 PM)

After market: 5.98 +0.13 (+2.22%)

5.85

-2.82 (-32.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-32.53%
1 Week-33.82%
2 Weeks-32.76%
1 Month-45.02%
3 Month-43.37%
6 Month-41.85%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.91
ATR(20)%23.7%
ATR Inc36.76%
Range Today3.51
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High10.38
10 Day Low5.18
20 Day High13.27
20 Day Low5.18
52 Week High13.27
52 Week Low5.18
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-11.04%
DER(5)-3.53%
Volume451.40K
Volume Incr87.95%
Vol(5)102.28K
Vol(50)35.22K