HALL OF FAME RESORT & ENTERT (HOFV) Technical Analysis
NASDAQ:HOFV • US40619L2016
Current stock price
HOFV Technical Rating and Analysis
Overall HOFV gets a technical rating of 1 out of 10. HOFV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, HOFV is a bad performer in the overall market: 96% of all stocks are doing better.
- HOFV is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 89% are performing better than HOFV.
- HOFV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HOFV is lagging the market.
- In the last month HOFV has a been trading in the 0.78 - 0.89 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
HOFV Weekly and Daily overview Charts
HOFV Setup Rating and Analysis
The technical rating of HOFV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HOFV Support and Resistance Analysis
0.82
We found 1 important resistance area.
- A resistance zone ranging from 0.87 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HOFV 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 HOFV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOFV is neutral. |
| ChartMill Relative Strength | 4.93 | NEGATIVE | HOFV has a low relative strength, it was outperformed by 95.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOFV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOFV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOFV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for HOFV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HOFV has a negative trend. |
| Stochastics (14,3) | 42.96 | NEUTRAL | The Stochastics value for HOFV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for HOFV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for HOFV suggests a possible start of a new trend. |
HOFV Chart- and CandleStick Pattern Analysis
HOFV Technicals: Chart, Performance Metrics, Trend & Indicators
0.824
-0.05 (-5.44%)
HALL OF FAME RESORT & ENTERT / HOFV TA FAQ
What is the ChartMill technical rating of HALL OF FAME RESORT & ENTERT (HOFV) stock?
ChartMill assigns a technical rating of 1 / 10 to HOFV.
What is the trend direction for HOFV stock?
The current trend direction for HALL OF FAME RESORT & ENTERT (HOFV) is Bearish.
What is the RSI signal for HOFV stock?
HALL OF FAME RESORT & ENTERT (HOFV) has an RSI value of 38.6194. This indicates that the stock is currently neutral.
What are the support and resistance levels for HALL OF FAME RESORT & ENTERT (HOFV) stock?
HALL OF FAME RESORT & ENTERT (HOFV) has a resistance level at 0.87. Check the full technical report for our detailed analysis of HOFV support and resistance levels.