HEARTLAND EXPRESS INC (HTLD) Stock Technical Analysis
NASDAQ:HTLD • US4223471040
Taking everything into account, HTLD scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HTLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- HTLD is one of the better performing stocks in the Ground Transportation industry, it outperforms 85% of 42 stocks in the same industry.
- HTLD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HTLD is lagging the market slightly.
- In the last month HTLD has a been trading in the 9.84 - 12.13 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that HTLD is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, HTLD also presents 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 11.77. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HTLD in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
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7.45
When analyzing the support we can see 5 important areas.
- A support zone ranging from 11.56 to 11.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.11 to 11.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.04 to 10.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.63 from a horizontal line in the daily time frame.
- Support @7.53 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.77 to 11.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HTLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTLD is up. |
| ChartMill Relative Strength | 86.47 | POSITIVE | HTLD has a high relative strength, it outperformed 86.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HTLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.75 | NEUTRAL | The RSI value for HTLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HTLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.29 | NEUTRAL | The Stochastics value for HTLD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for HTLD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for HTLD suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 11.84 | 11.55 | 0.29 (2.45%) | 25.00% |
| An entry @11.84. This is a Buy Stop order right above the resistance zone. | An exit @11.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 2.45%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HTLD. 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.
11.76
+0.27 (+2.35%)
HEARTLAND EXPRESS INC / HTLD FAQ
What is the ChartMill technical rating of HEARTLAND EXPRESS INC (HTLD) stock?
ChartMill assigns a technical rating of 9 / 10 to HTLD.
Can you provide the trend direction for HEARTLAND EXPRESS INC?
The current trend direction for HEARTLAND EXPRESS INC (HTLD) is Bullish.
Can you provide the RSI signal for HEARTLAND EXPRESS INC?
HEARTLAND EXPRESS INC (HTLD) has an RSI value of 62.7543. This indicates that the stock is currently neutral.
What is the short term momentum for HTLD stock?
The short term momentum for HEARTLAND EXPRESS INC (HTLD) is positive.
Can you provide the support and resistance levels for HEARTLAND EXPRESS INC?
HEARTLAND EXPRESS INC (HTLD) has a support level at 11.64 and a resistance level at 11.77. Check the full technical report for our detailed analysis of HTLD support and resistance levels.