HOUGHTON MIFFLIN HARCOURT CO (HMHC) Stock Technical Analysis
NASDAQ:HMHC
Overall HMHC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HMHC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HMHC did better than 99% of all other stocks. We also observe that the gains produced by HMHC over the past year are nicely spread over this period.
- HMHC is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry. HMHC outperforms 98% of them.
- A new 52 week high is currently being made by HMHC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HMHC is leading the market.
- HMHC has an average volume of 5396580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HMHC has a been trading in a tight range between 20.83 and 21.18.
HMHC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HMHC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
16.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.88 to 21.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.98 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.05 to 21.06. 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 | UP | POSITIVE | The long term trend for HMHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMHC is up. |
| ChartMill Relative Strength | 99.05 | POSITIVE | HMHC has a high relative strength, it outperformed 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HMHC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HMHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.49 | NEUTRAL | The RSI value for HMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HMHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.67 | NEUTRAL | The Stochastics value for HMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for HMHC suggests low volalility. |
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 |
|---|---|---|---|
| 21.07 | 20.91 | 0.16 (0.76%) | 25.00% |
| An entry @21.07. This is a Buy Stop order right above the resistance zone. | An exit @20.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.76%. | For a 0.19% total portfolio risk, you can invest 25.00% 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.
21.03
+0.02 (+0.1%)
HOUGHTON MIFFLIN HARCOURT CO / HMHC FAQ
What is the ChartMill technical rating of HOUGHTON MIFFLIN HARCOURT CO (HMHC) stock?
ChartMill assigns a technical rating of 9 / 10 to HMHC.
What is the current trend direction of HOUGHTON MIFFLIN HARCOURT CO (HMHC) stock?
The current trend direction for HOUGHTON MIFFLIN HARCOURT CO (HMHC) is Bullish.
What is the RSI signal for HOUGHTON MIFFLIN HARCOURT CO (HMHC) stock?
HOUGHTON MIFFLIN HARCOURT CO (HMHC) has an RSI value of 65.4899. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HOUGHTON MIFFLIN HARCOURT CO?
The buy/sell signal for HOUGHTON MIFFLIN HARCOURT CO (HMHC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for HMHC stock?
HOUGHTON MIFFLIN HARCOURT CO (HMHC) has a support level at 21.01 and a resistance level at 21.05. Check the full technical report for our detailed analysis of HMHC support and resistance levels.