NASDAQ:HOUR • US44170P1066
We assign a technical rating of 4 out of 10 to HOUR. In the past year, HOUR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
HOUR 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 a resistance zone just above the current price starting at 1.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.92, a Stop Loss order could be placed below this zone.
1.39
We found 5 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for HOUR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOUR is up. |
| ChartMill Relative Strength | 48.5 | NEUTRAL | HOUR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of HOUR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOUR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.51 | NEUTRAL | The RSI value for HOUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HOUR has a negative trend. |
| Stochastics (14,3) | 23.75 | NEUTRAL | The Stochastics value for HOUR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for HOUR suggests some volalility. |
| Average Directional Index/ADX (14) | 37.31 | POSITIVE | The high ADX value value for HOUR suggests a strong trend. |
1.92
0 (0%)
ChartMill assigns a technical rating of 4 / 10 to HOUR.
The current trend direction for HOUR LOOP INC (HOUR) is Bearish.
HOUR LOOP INC (HOUR) has an RSI value of 55.5054. This indicates that the stock is currently neutral.
The short term momentum for HOUR LOOP INC (HOUR) is positive.