HENNESSY ADVISORS INC (HNNA) Stock Technical Analysis
NASDAQ:HNNA - Nasdaq - US4258851009 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to HNNA. Although HNNA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: HNNA has an average volume of 14790 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that HNNA is one of the better performing stocks in the market, outperforming 89% of all stocks.
HNNA is one of the better performing stocks in the Capital Markets industry, it outperforms 91% of 232 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
HNNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HNNA is lagging the market slightly.
In the last month HNNA has a been trading in the 10.06 - 11.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HNNA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
9.40
11.51
3 important support areas can be observed.
- A support zone ranging from 10.70 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.95 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.49 to 9.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- Resistance @11.40 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for HNNA is neutral. |
| ChartMill Relative Strength | 89 | POSITIVE | HNNA has a high relative strength, it outperformed 89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HNNA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HNNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HNNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.58 | NEUTRAL | The RSI value for HNNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HNNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.15 | OVERBOUGHT | The high Stochastics value suggests HNNA may be overbought. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for HNNA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.76 | 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 (6/9/2025, 11:44:11 AM)
11.25
+0.25 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.27%
1 Week1.85%
2 Weeks4.31%
1 Month-2.22%
3 Month2.33%
6 Month-13.86%
12 Month51.93%
2 Year55.81%
3 Year5.36%
5 Year39.42%
10 Year31.3%
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%4.71%
ATR Inc46.48%
Range Today0.46
ADR(20)0.5
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89
Mansfield0.19
10 Day High11.5
10 Day Low10.17
20 Day High11.5
20 Day Low10.06
52 Week High13.88
52 Week Low6.95
CS1 End10.86
CR1 Start11.01
Volume & EV
DER(3)1.27%
DER(5)-0.31%
Volume7.03K
Volume Incr0.21%
Vol(5)9.36K
Vol(50)14.79K