HONEST CO INC/THE (HNST) Stock Technical Analysis
USA - NASDAQ:HNST - US4383331067 - Common Stock
Taking everything into account, HNST scores 0 out of 10 in our technical rating. HNST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HNST has a poor technical rating and the quality of the setup is also not perfect 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
2.47
We found 1 important support area.
- A support zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @2.75 from a horizontal line in the daily time frame.
- Resistance @3.30 from a trend line in the daily time frame.
- Resistance @3.84 from a trend 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 HNST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNST is down. |
| ChartMill Relative Strength | 4.14 | NEGATIVE | HNST has a low relative strength, it was outperformed by 95.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.06 | NEUTRAL | The RSI value for HNST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HNST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.93 | NEUTRAL | The Stochastics value for HNST is a neutral value. |
| Average True Range in percent/ATR (20) | 8.53 | HIGH VOLATILITY | The high ATR as a percentage value for HNST suggests high volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for HNST suggests a strong trend. |
2.52
-0.01 (-0.4%)
HONEST CO INC/THE / HNST FAQ
Can you provide the ChartMill technical rating for HONEST CO INC/THE?
ChartMill assigns a technical rating of 0 / 10 to HNST.
What is the trend direction for HNST stock?
The current trend direction for HONEST CO INC/THE (HNST) is Bearish.
What is the RSI signal for HNST stock?
HONEST CO INC/THE (HNST) has an RSI value of 35.0601. This indicates that the stock is currently neutral.
What is the short term momentum for HNST stock?
The short term momentum for HONEST CO INC/THE (HNST) is negative.
What is the support and resistance level for HNST stock?
HONEST CO INC/THE (HNST) has a support level at 2.51 and a resistance level at 2.75. Check the full technical report for our detailed analysis of HNST support and resistance levels.