HENNESSY ADVISORS INC (HNNA) Stock Technical Analysis
USA - NASDAQ:HNNA - US4258851009 - Common Stock
We assign a technical rating of 0 out of 10 to HNNA. HNNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. 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.
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8.78
We found 3 important support areas.
- A support zone ranging from 9.88 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.50 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.87 to 8.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @11.63 from a trend line in the daily time frame.
- Resistance @12.54 from a trend line in the weekly time frame.
- Resistance @12.82 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 | DOWN | NEGATIVE | The long term trend for HNNA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNNA is neutral. |
| ChartMill Relative Strength | 28.05 | NEGATIVE | HNNA has a low relative strength, it was outperformed by 71.95% 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) | DOWN | NEGATIVE | The current price of HNNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for HNNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HNNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.44 | OVERBOUGHT | The high Stochastics value suggests HNNA may be overbought. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for HNNA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.91 | POSITIVE | The high ADX value value for HNNA suggests a strong trend. |
NASDAQ:HNNA (11/14/2025, 2:16:39 PM)
10.19
+0.2 (+2%)
HENNESSY ADVISORS INC / HNNA FAQ
What is the ChartMill technical rating of HENNESSY ADVISORS INC (HNNA) stock?
ChartMill assigns a technical rating of 0 / 10 to HNNA.
Can you provide the trend direction for HENNESSY ADVISORS INC?
The current trend direction for HENNESSY ADVISORS INC (HNNA) is Bearish.
What is the RSI signal for HNNA stock?
HENNESSY ADVISORS INC (HNNA) has an RSI value of 49.933. This indicates that the stock is currently neutral.
What is the MACD signal for HENNESSY ADVISORS INC (HNNA) stock?
The MACD indicator for HENNESSY ADVISORS INC (HNNA) has a value of 0.0953006, indicating a bearish trend.