HANRYU HOLDINGS INC (HRYU) Technical Analysis
NASDAQ:HRYU • US4112921055
Current stock price
HRYU Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to HRYU. HRYU has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, HRYU is a bad performer in the overall market: 83% of all stocks are doing better.
- HRYU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRYU is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month HRYU has a been trading in the 0.21 - 0.32 range, which is quite wide. It is currently trading near the high of this range.
- HRYU has an average volume of 4457130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HRYU is an average performer in the Interactive Media & Services industry, it outperforms 52% of 69 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
HRYU Weekly and Daily overview Charts
HRYU Setup Rating and Analysis
Although the technical rating is only medium, HRYU does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HRYU in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HRYU Support and Resistance Analysis
0.23
We found 3 important support areas.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.23 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.48 from a trend line in the daily time frame.
- Resistance @0.50 from a horizontal line in the daily time frame.
HRYU 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 | NEUTRAL | NEUTRAL | The long term trend for HRYU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRYU is up. |
| ChartMill Relative Strength | 17.5 | NEGATIVE | HRYU has a low relative strength, it was outperformed by 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HRYU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRYU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRYU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for HRYU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HRYU has a positive trend. |
| Stochastics (14,3) | 58.99 | NEUTRAL | The Stochastics value for HRYU is a neutral value. |
| Average True Range in percent/ATR (20) | 9.29 | HIGH VOLATILITY | The high ATR as a percentage value for HRYU suggests high volalility. |
| Average Directional Index/ADX (14) | 55.17 | POSITIVE | The high ADX value value for HRYU suggests a strong trend. |
HRYU Chart- and CandleStick Pattern Analysis
HRYU 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 |
|---|---|---|---|
| 0.33 | 0.25 | 0.08 (24.24%) | 4.12% |
| An entry @0.33. This is a Buy Stop order right above the 10 day high. | An exit @0.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 24.24%. | When investing 4.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
HRYU Technicals: Chart, Performance Metrics, Trend & Indicators
0.2878
+0.01 (+2.82%)
HANRYU HOLDINGS INC / HRYU TA FAQ
Can you provide the ChartMill technical rating for HANRYU HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 10 to HRYU.
What is the trend direction for HRYU stock?
The current trend direction for HANRYU HOLDINGS INC (HRYU) is Bearish.
Can you provide the RSI signal for HANRYU HOLDINGS INC?
HANRYU HOLDINGS INC (HRYU) has an RSI value of 58.3089. This indicates that the stock is currently neutral.
What is the short term momentum for HRYU stock?
The short term momentum for HANRYU HOLDINGS INC (HRYU) is positive.