HEMISPHERE MEDIA GROUP INC (HMTV) Technical Analysis
NASDAQ:HMTV • US42365Q1031
Current stock price
HMTV Technical Rating and Analysis
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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, HMTV turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- HMTV is an average performer in the Media industry, it outperforms 67% of 90 stocks in the same industry.
- 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.
HMTV Weekly and Daily overview Charts
HMTV Setup Rating and Analysis
Although the technical rating is bad, HMTV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
HMTV Support and Resistance Analysis
6.93
We found 1 important support 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.
HMTV 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.
| 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. |
HMTV Chart- and CandleStick Pattern Analysis
HMTV Technicals: Chart, Performance Metrics, Trend & Indicators
7.15
+0.11 (+1.56%)
HEMISPHERE MEDIA GROUP INC / HMTV TA FAQ
Can you provide the ChartMill technical rating for HEMISPHERE MEDIA GROUP INC?
ChartMill assigns a technical rating of 3 / 10 to HMTV.
What is the trend direction for HMTV stock?
The current trend direction for HEMISPHERE MEDIA GROUP INC (HMTV) is Bearish.
Can you provide the RSI signal for HEMISPHERE MEDIA GROUP INC?
HEMISPHERE MEDIA GROUP INC (HMTV) has an RSI value of 44.2084. This indicates that the stock is currently neutral.
What is the support and resistance level for HMTV stock?
HEMISPHERE MEDIA GROUP INC (HMTV) has a support level at 7.03 and a resistance level at 7.19. Check the full technical report for our detailed analysis of HMTV support and resistance levels.