HOUR Technical Analysis - HOUR LOOP INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to HOUR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HOUR is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, HOUR did better than 96% of all other stocks.

HOUR is part of the Broadline Retail industry. There are 28 other stocks in this industry. HOUR outperforms 92% of them.

HOUR has an average volume of 5655270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

HOUR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOUR is lagging the market.

In the last month HOUR has a been trading in the 1.24 - 6.84 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Besides having an excellent technical rating, HOUR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.62

3.09

We found 1 important support area.

Support @2.65 from a horizontal line in the daily time frame.

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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 HOUR is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for HOUR is up.
ChartMill Relative Strength	96.98	POSITIVE	HOUR has a high relative strength, it outperformed 96.98% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of HOUR is above 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)	54.78	NEUTRAL	The RSI value for HOUR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.1	NEGATIVE	The MACD value suggests HOUR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	6.85	OVERSOLD	The low Stochastics value suggests HOUR may be oversold.
Average True Range in percent/ATR (20)	25.36	HIGH VOLATILITY	The high ATR as a percentage value for HOUR suggests high volalility.
Average Directional Index/ADX (14)	35.83	POSITIVE	The high ADX value value for HOUR suggests a strong trend.