HCM II ACQUISITION CORP - 29 (HONDW) Technical Analysis
NASDAQ:HONDW
Current stock price
HONDW Technical Rating and Analysis
Overall HONDW gets a technical rating of 6 out of 10. Although HONDW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, HONDW is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month HONDW has a been trading in the 5.47 - 16.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- HONDW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HONDW is lagging the market slightly.
HONDW Weekly and Daily overview Charts
HONDW Setup Rating and Analysis
Although the technical rating is only medium, HONDW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
HONDW Support and Resistance Analysis
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.
HONDW 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 | 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. |
HONDW Chart- and CandleStick Pattern Analysis
HONDW Example Setup
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 trade has a worst case loss of 2.30 points, which is 26.30%. | For a 1.00% total portfolio risk, you can invest 3.80% of your capital in this trade. |
- 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.
HONDW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HONDW (10/28/2025, 8:00:01 PM)
7.03
+0.03 (+0.43%)
HCM II ACQUISITION CORP - 29 / HONDW TA FAQ
What is the technical rating for HONDW stock?
ChartMill assigns a technical rating of 6 / 10 to HONDW.
What is the trend direction for HONDW stock?
The current trend direction for HCM II ACQUISITION CORP - 29 (HONDW) is Bullish.
What is the RSI signal for HONDW stock?
HCM II ACQUISITION CORP - 29 (HONDW) has an RSI value of 49.1104. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HCM II ACQUISITION CORP - 29?
The MACD indicator for HCM II ACQUISITION CORP - 29 (HONDW) has a value of -0.443371, indicating a bearish trend.
What are the support and resistance levels for HCM II ACQUISITION CORP - 29 (HONDW) stock?
HCM II ACQUISITION CORP - 29 (HONDW) has a support level at 6.46. Check the full technical report for our detailed analysis of HONDW support and resistance levels.