HALL OF FAME RESORT & ENTERT (HOFV) Stock Technical Analysis
NASDAQ:HOFV - Nasdaq - US40619L2016 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HOFV. HOFV 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 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.
96% of all other stocks performed better in the past year than HOFV.
HOFV is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 90% of 131 stocks in the same industry do better.
HOFV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
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
0.82
0.90
When analyzing the resistance we notice one important 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.
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. |
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)
0.824
-0.05 (-5.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-5.44%
1 Week-5.84%
2 Weeks-5.83%
1 Month-3.64%
3 Month-0.72%
6 Month-16.64%
12 Month-71.39%
2 Year-92.11%
3 Year-93.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.85%
ATR Inc148.84%
Range Today0.1
ADR(20)0.02
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.93
Mansfield-4.35
10 Day High0.89
10 Day Low0.78
20 Day High0.89
20 Day Low0.78
52 Week High3.2
52 Week Low0.62
CS1 EndN/A
CR1 Start0.87
Volume & EV
DER(3)-11.87%
DER(5)-15.79%
Volume337.30K
Volume Incr355.01%
Vol(5)82.88K
Vol(50)231.90K