HEMISPHERE MEDIA GROUP INC (HMTV) Stock Technical Analysis
NASDAQ:HMTV - US42365Q1031 - Common Stock
7.15 USD
+0.11 (+1.56%)
7.13 USD
-0.02 (-0.28%)
Taking everything into account, HMTV scores 3 out of 10 in our technical rating. HMTV has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month HMTV has a been trading in the 6.95 - 7.59 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, HMTV outperforms 45% of them, which is more or less in line with the market.
HMTV is part of the Media industry. There are 99 other stocks in this industry, HMTV did better than 67% of them.
HMTV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HMTV is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, HMTV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HMTV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.93
8.16
When analyzing the support we notice one important area.
- A support zone ranging from 7.00 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.19 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.50 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.07 to 8.08. 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 HMTV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMTV is down. |
| ChartMill Relative Strength | 45.41 | NEUTRAL | HMTV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HMTV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HMTV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HMTV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.21 | NEUTRAL | The RSI value for HMTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HMTV has a negative trend. |
| Stochastics (14,3) | 13.1 | OVERSOLD | The low Stochastics value suggests HMTV may be oversold. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for HMTV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for HMTV suggests a possible start of a new 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)
7.15
+0.11 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.56%
1 Week-1.52%
2 Weeks-1.92%
1 Month0.14%
3 Month3.92%
6 Month23.06%
12 Month-35.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.34%
ATR Inc-63.06%
Range Today0.15
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
CRS45.41
Mansfield0.15
10 Day High7.59
10 Day Low7.01
20 Day High7.59
20 Day Low6.95
52 Week High13
52 Week Low3.58
CS1 End7.03
CR1 Start7.19
Volume & EV
DER(3)4.15%
DER(5)2.55%
Volume2.23M
Volume Incr907.69%
Vol(5)1.08M
Vol(50)189.70K