HCM II ACQUISITION CORP - 29 (HONDW) Stock Technical Analysis
USA - NASDAQ:HONDW -
Taking everything into account, HONDW scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HONDW is a bad performer.
HONDW has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.88
We found 2 important support areas.
- Support @6.46 from a trend line in the daily time frame.
- A support zone ranging from 5.94 to 5.99. 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 | UP | POSITIVE | The long term trend for HONDW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HONDW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | HONDW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HONDW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HONDW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HONDW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for HONDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests HONDW has a negative trend. |
| Stochastics (14,3) | 19.4 | OVERSOLD | The low Stochastics value suggests HONDW may be oversold. |
| Average True Range in percent/ATR (20) | 31.23 | HIGH VOLATILITY | The high ATR as a percentage value for HONDW suggests high volalility. |
| Average Directional Index/ADX (14) | 53.83 | POSITIVE | The high ADX value value for HONDW 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 |
|---|---|---|---|
| 8.75 | 6.45 | 2.30 (26.30%) | 3.80% |
| An entry @8.75. This is a Buy Stop order right above the 10 day moving average. | An exit @6.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.30 points, which is 26.30%. | When investing 3.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HONDW. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:HONDW (10/28/2025, 8:00:01 PM)
7.03
+0.03 (+0.43%)
HCM II ACQUISITION CORP - 29 / HONDW FAQ
What is the technical rating for HONDW stock?
ChartMill assigns a technical rating of 6 / 10 to HONDW.
Can you provide the trend direction for HCM II ACQUISITION CORP - 29?
The current trend direction for HCM II ACQUISITION CORP - 29 (HONDW) is Bullish.
Can you provide the RSI signal for HCM II ACQUISITION CORP - 29?
HCM II ACQUISITION CORP - 29 (HONDW) has an RSI value of 49.1104. This indicates that the stock is currently neutral.
What is the MACD signal for HCM II ACQUISITION CORP - 29 (HONDW) stock?
The MACD indicator for HCM II ACQUISITION CORP - 29 (HONDW) has a value of -0.443371, indicating a bearish trend.
What is the short term momentum for HONDW stock?
The short term momentum for HCM II ACQUISITION CORP - 29 (HONDW) is neutral.