HENNESSY ADVISORS INC (HNNA) Stock Technical Analysis
NASDAQ:HNNA - Nasdaq - US4258851009 - Common Stock - Currency: USD
Taking everything into account, HNNA scores 1 out of 10 in our technical rating. HNNA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
HNNA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: HNNA has an average volume of 9012 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, HNNA did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HNNA is an average performer in the Capital Markets industry, it outperforms 67% of 237 stocks in the same industry.
HNNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HNNA is lagging the market.
HNNA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HNNA 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
9.51
13.01
We found 2 important support areas.
- A support zone ranging from 10.52 to 10.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.18 to 11.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.80 to 12.88. 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 HNNA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNNA is down. |
| ChartMill Relative Strength | 70.58 | POSITIVE | HNNA has a high relative strength, it outperformed 70.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HNNA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.29 | NEUTRAL | The RSI value for HNNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HNNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.74 | NEUTRAL | The Stochastics value for HNNA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for HNNA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.38 | POSITIVE | The high ADX value value for HNNA suggests a strong 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)
NASDAQ:HNNA (8/20/2025, 8:00:44 PM)
11.17
-0.04 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.36%
1 Week4.39%
2 Weeks-9.55%
1 Month-13.68%
3 Month5.58%
6 Month-7.69%
12 Month16.11%
2 Year61.65%
3 Year12.37%
5 Year27.08%
10 Year1.59%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%6.4%
ATR Inc-63.06%
Range Today0.21
ADR(20)0.69
ADR(20)%6.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.58
Mansfield-0.75
10 Day High12.55
10 Day Low10.42
20 Day High13.19
20 Day Low10.42
52 Week High13.88
52 Week Low8.43
CS1 End10.67
CR1 Start11.18
Volume & EV
DER(3)10.79%
DER(5)5.26%
Volume7.40K
Volume Incr-26.05%
Vol(5)8.94K
Vol(50)9.01K