HONEST CO INC/THE (HNST) Technical Analysis
NASDAQ:HNST • US4383331067
Current stock price
HNST Technical Rating and Analysis
Taking everything into account, HNST scores 3 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, HNST is a bad performer in the overall market: 82% of all stocks are doing better.
- HNST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HNST is lagging the market.
- In the last month HNST has a been trading in the 2.66 - 3.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HNST has an average volume of 1872220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HNST is an average performer in the Personal Care Products industry, it outperforms 63% of 37 stocks in the same industry.
HNST Weekly and Daily overview Charts
HNST Setup Rating and Analysis
HNST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.94. Right above this resistance zone may be a good entry point.
More info and screens
HNST Support and Resistance Analysis
2.63
When analyzing the support we notice one important area.
- A support zone ranging from 2.66 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.94 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
HNST 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 | DOWN | NEGATIVE | The long term trend for HNST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNST is neutral. |
| ChartMill Relative Strength | 18.51 | NEGATIVE | HNST has a low relative strength, it was outperformed by 81.49% 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) | UP | POSITIVE | The current price of HNST is above the rising 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) | 53.29 | 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. |
| Stochastics (14,3) | 53.35 | NEUTRAL | The Stochastics value for HNST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for HNST suggests high volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for HNST suggests a possible start of a new trend. |
HNST Chart- and CandleStick Pattern Analysis
HNST Technicals: Chart, Performance Metrics, Trend & Indicators
2.82
+0.04 (+1.44%)
HONEST CO INC/THE / HNST TA FAQ
Can you provide the ChartMill technical rating for HONEST CO INC/THE?
ChartMill assigns a technical rating of 3 / 10 to HNST.
What is the current trend direction of HONEST CO INC/THE (HNST) stock?
The current trend direction for HONEST CO INC/THE (HNST) is Bearish.
What is the RSI signal for HONEST CO INC/THE (HNST) stock?
HONEST CO INC/THE (HNST) has an RSI value of 53.2881. This indicates that the stock is currently neutral.
What is the short term momentum for HONEST CO INC/THE (HNST) stock?
The short term momentum for HONEST CO INC/THE (HNST) is neutral.
What are the support and resistance levels for HONEST CO INC/THE (HNST) stock?
HONEST CO INC/THE (HNST) has a support level at 2.66 and a resistance level at 2.94. Check the full technical report for our detailed analysis of HNST support and resistance levels.