HEMISPHERE MEDIA GROUP INC (HMTV) Stock Technical Analysis
USA - NASDAQ:HMTV - US42365Q1031 - Common Stock
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.
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
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.
We can see 4 important resistance 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. |
7.15
+0.11 (+1.56%)
HEMISPHERE MEDIA GROUP INC / HMTV FAQ
Can you provide the ChartMill technical rating for HEMISPHERE MEDIA GROUP INC?
ChartMill assigns a technical rating of 3 / 10 to HMTV.
Can you provide the trend direction for HEMISPHERE MEDIA GROUP INC?
The current trend direction for HEMISPHERE MEDIA GROUP INC (HMTV) is Bearish.
What is the RSI signal for HEMISPHERE MEDIA GROUP INC (HMTV) stock?
HEMISPHERE MEDIA GROUP INC (HMTV) has an RSI value of 44.2084. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEMISPHERE MEDIA GROUP INC?
The MACD indicator for HEMISPHERE MEDIA GROUP INC (HMTV) has a value of -0.00630283, indicating a bearish trend.