Chanticleer Hldgs Inc (HOTR) Technical Analysis
NASDAQ:HOTR
Current stock price
HOTR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HOTR. HOTR 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.
- 93% of all other stocks performed better in the past year than HOTR.
- HOTR 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 HOTR has a been trading in the 2.01 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: HOTR has an average volume of 22704 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
HOTR Weekly and Daily overview Charts
HOTR Setup Rating and Analysis
Although the technical rating is bad, HOTR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.25. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HOTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HOTR Support and Resistance Analysis
2.08
We found 1 important support area.
- Support @2.10 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.25 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.48 from a trend line in the weekly time frame.
- Resistance @2.52 from a trend line in the daily time frame.
- Resistance @3.01 from a trend line in the weekly time frame.
HOTR 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 HOTR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOTR is neutral. |
| ChartMill Relative Strength | 7.41 | NEGATIVE | HOTR has a low relative strength, it was outperformed by 92.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.49 | NEUTRAL | The RSI value for HOTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HOTR has a negative trend. |
| Stochastics (14,3) | 41.73 | NEUTRAL | The Stochastics value for HOTR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.87 | HIGH VOLATILITY | The high ATR as a percentage value for HOTR suggests high volalility. |
HOTR Chart- and CandleStick Pattern Analysis
HOTR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HOTR (11/13/2017, 8:10:00 PM)
2.1
-0.14 (-6.25%)
Chanticleer Hldgs Inc / HOTR TA FAQ
What is the ChartMill technical rating of Chanticleer Hldgs Inc (HOTR) stock?
ChartMill assigns a technical rating of 0 / 10 to HOTR.
What is the current trend direction of Chanticleer Hldgs Inc (HOTR) stock?
The current trend direction for Chanticleer Hldgs Inc (HOTR) is Bearish.
Can you provide the RSI signal for Chanticleer Hldgs Inc?
Chanticleer Hldgs Inc (HOTR) has an RSI value of 43.493. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Chanticleer Hldgs Inc?
The short term momentum for Chanticleer Hldgs Inc (HOTR) is neutral.
What are the support and resistance levels for Chanticleer Hldgs Inc (HOTR) stock?
Chanticleer Hldgs Inc (HOTR) has a support level at 2.1 and a resistance level at 2.25. Check the full technical report for our detailed analysis of HOTR support and resistance levels.