HOUR LOOP INC (HOUR) Stock Technical Analysis
NASDAQ:HOUR - Nasdaq - US44170P1066 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to HOUR. Both in the recent history as in the last year, HOUR has proven to be a steady performer, scoring decent points in every aspect analyzed.
HOUR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HOUR is one of the better performing stocks in the market, outperforming 89% of all stocks.
HOUR is one of the better performing stocks in the Broadline Retail industry, it outperforms 88% of 28 stocks in the same industry.
In the last month HOUR has a been trading in the 1.66 - 1.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HOUR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for HOUR 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
1.22
1.97
4 important support areas can be observed.
- Support @1.72 from a horizontal line in the daily time frame.
- Support @1.35 from a horizontal line in the daily time frame.
- Support @1.30 from a trend line in the daily time frame.
- Support @1.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.95 from a horizontal line in the daily time frame.
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 HOUR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOUR is up. |
| ChartMill Relative Strength | 89.2 | POSITIVE | HOUR has a high relative strength, it outperformed 89.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOUR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for HOUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HOUR has a negative trend. |
| Stochastics (14,3) | 47.7 | NEUTRAL | The Stochastics value for HOUR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for HOUR suggests high volalility. |
| Average Directional Index/ADX (14) | 55.67 | POSITIVE | The high ADX value value for HOUR suggests a strong 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)
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 |
|---|---|---|---|
| 1.82 | 1.71 | 0.11 (6.04%) | 16.55% |
| An entry @1.82. This is a Buy Stop order right above the resistance zone. | An exit @1.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 6.04%. | For a 1.00% total portfolio risk, you can invest 16.55% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HOUR. 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:HOUR (8/15/2025, 8:27:11 PM)
1.755
-0.02 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.85%
1 Week-3.04%
2 Weeks1.92%
1 Month3.85%
3 Month35%
6 Month-13.12%
12 Month38.19%
2 Year11.08%
3 Year-58.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.99%
ATR Inc-39.46%
Range Today0.02
ADR(20)0.1
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.2
Mansfield0.05
10 Day High1.95
10 Day Low1.7
20 Day High1.95
20 Day Low1.66
52 Week High6.9
52 Week Low1.1
CS1 End1.72
CR1 Start1.79
Volume & EV
DER(3)9.81%
DER(5)2.98%
Volume5.70K
Volume Incr-69.88%
Vol(5)13.38K
Vol(50)191.41K