Huaneng Power International Inc (HNP) Technical Analysis
NYSE:HNP • US4433041005
Current stock price
21.51
+0.41 (+1.94%)
Last:
HNP Technical Rating and Analysis
Taking everything into account, HNP scores 8 out of 10 in our technical rating. In the past year, HNP was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Warning: HNP has an average volume of 24944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that HNP is one of the better performing stocks in the market, outperforming 98% of all stocks.
- HNP is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 94% of 19 stocks in the same industry.
- In the last month HNP has a been trading in the 16.82 - 21.85 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- HNP 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 HNP is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HNP Weekly and Daily overview Charts
HNP Setup Rating and Analysis
Although HNP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HNP Support and Resistance Analysis
16.63
21.74
When analyzing the support we can see 5 important areas.
- A support zone ranging from 18.95 to 19.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.87 from a horizontal line in the daily time frame.
- Support @17.57 from a trend line in the weekly time frame.
- A support zone ranging from 17.21 to 17.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.52 to 21.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
HNP Technical Indicator Signal Analysis
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 HNP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNP is up. |
| ChartMill Relative Strength | 98.48 | POSITIVE | HNP has a high relative strength, it outperformed 98.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HNP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.13 | NEUTRAL | The RSI value for HNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests HNP has a positive trend. |
| Stochastics (14,3) | 94.92 | OVERBOUGHT | The high Stochastics value suggests HNP may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for HNP suggests some volalility. |
HNP Chart- and CandleStick Pattern Analysis
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)
HNP Technicals: Chart, Performance Metrics, Trend & Indicators
Huaneng Power International Inc
NYSE:HNP (7/7/2022, 9:41:55 PM)
21.51
+0.41 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.94%
1 Week12.5%
2 Weeks13.33%
1 Month1.27%
3 Month21.87%
6 Month-4.19%
12 Month55.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%4.26%
ATR Inc22.14%
Range Today0.82
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.48
3 months CRSN/A
6 months CRSN/A
Mansfield2.28
10 Day High21.85
10 Day Low18.4
20 Day High21.85
20 Day Low16.82
52 Week High28.77
52 Week Low13.05
CS1 End19.39
CR1 Start21.52
Volume & EV
DER(3)0.94%
DER(5)-1.79%
Volume97.50K
Volume Incr220.84%
Vol(5)81.22K
Vol(50)24.94K
Huaneng Power International Inc / HNP TA FAQ
Can you provide the ChartMill technical rating for Huaneng Power International Inc?
ChartMill assigns a technical rating of 7 / 10 to HNP.
Can you provide the trend direction for Huaneng Power International Inc?
The current trend direction for Huaneng Power International Inc (HNP) is Bearish.
Can you provide the RSI signal for Huaneng Power International Inc?
Huaneng Power International Inc (HNP) has an RSI value of 65.1317. This indicates that the stock is currently neutral.
What is the short term momentum for Huaneng Power International Inc (HNP) stock?
The short term momentum for Huaneng Power International Inc (HNP) is positive.