HENNESSY ADVISORS INC (HNNA) Stock Technical Analysis
NASDAQ:HNNA - Nasdaq - US4258851009 - Common Stock - Currency: USD
Overall HNNA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HNNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: HNNA has an average volume of 8140 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HNNA did better than 89% of all other stocks. We also observe that the gains produced by HNNA over the past year are nicely spread over this period.
HNNA is one of the better performing stocks in the Capital Markets industry, it outperforms 89% of 233 stocks in the same industry.
HNNA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HNNA is lagging the market slightly.
In the last month HNNA has a been trading in the 10.86 - 13.09 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although HNNA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.51
13.01
3 important support areas can be observed.
- A support zone ranging from 12.11 to 12.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.28 from a trend line in the weekly time frame.
- Support @9.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.79 to 12.88. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for HNNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNNA is up. |
| ChartMill Relative Strength | 89.96 | POSITIVE | HNNA has a high relative strength, it outperformed 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNNA is above the rising 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) | 64.54 | NEUTRAL | The RSI value for HNNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HNNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.83 | NEUTRAL | The Stochastics value for HNNA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for HNNA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.27 | NEGATIVE | The low ADX value for HNNA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.89 | 12.10 | 0.79 (6.13%) | 16.32% |
| An entry @12.89. This is a Buy Stop order right above the resistance zone. | An exit @12.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.79 points, which is 6.13%. | When investing 16.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:HNNA (7/17/2025, 8:00:02 PM)
12.72
+0.42 (+3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.41%
1 Week3.48%
2 Weeks0.32%
1 Month11.29%
3 Month25.44%
6 Month2.25%
12 Month62.04%
2 Year81.46%
3 Year24.12%
5 Year62.24%
10 Year43.6%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.07%
ATR Inc55.01%
Range Today0.77
ADR(20)0.5
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.96
Mansfield0.81
10 Day High13.09
10 Day Low11.6
20 Day High13.09
20 Day Low10.86
52 Week High13.88
52 Week Low7.78
CS1 End12.43
CR1 Start12.79
Volume & EV
DER(3)8.88%
DER(5)3.6%
Volume6.20K
Volume Incr-36.86%
Vol(5)4.48K
Vol(50)8.14K