Overall HOLI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HOLI has proven to be a steady performer, scoring decent points in every aspect analyzed.
HOLI has an excellent technical rating, but the quality of the setup is only medium 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.
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21.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.99 to 26.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.01 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.41 to 21.62. 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 26.45 to 26.85. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for HOLI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOLI is up. |
| ChartMill Relative Strength | 92.49 | POSITIVE | HOLI has a high relative strength, it outperformed 92.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOLI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOLI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.61 | OVERBOUGHT | The high RSI value suggests HOLI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HOLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.22 | OVERBOUGHT | The high Stochastics value suggests HOLI may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for HOLI suggests low volalility. |
| Average Directional Index/ADX (14) | 43.61 | POSITIVE | The high ADX value value for HOLI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.86 | 25.98 | 0.88 (3.28%) | 25.00% |
| An entry @26.86. This is a Buy Stop order right above the resistance zone. | An exit @25.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.88 points, which is 3.28%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.42
+0.01 (+0.04%)
HOLLYSYS AUTOMATION TECHNOLO / HOLI FAQ
Can you provide the ChartMill technical rating for HOLLYSYS AUTOMATION TECHNOLO?
ChartMill assigns a technical rating of 10 / 10 to HOLI.
What is the current trend direction of HOLLYSYS AUTOMATION TECHNOLO (HOLI) stock?
The current trend direction for HOLLYSYS AUTOMATION TECHNOLO (HOLI) is Bullish.
Can you provide the RSI signal for HOLLYSYS AUTOMATION TECHNOLO?
HOLLYSYS AUTOMATION TECHNOLO (HOLI) has an RSI value of 75.606. This indicates that the stock is currently overbought.
What is the short term momentum for HOLI stock?
The short term momentum for HOLLYSYS AUTOMATION TECHNOLO (HOLI) is positive.
Can you provide the support and resistance levels for HOLLYSYS AUTOMATION TECHNOLO?
HOLLYSYS AUTOMATION TECHNOLO (HOLI) has a support level at 26.41 and a resistance level at 26.45. Check the full technical report for our detailed analysis of HOLI support and resistance levels.