We assign a technical rating of 7 out of 10 to HTLD. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, HTLD is a bad performer.
HTLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
2 important support areas can be observed.
- A support zone ranging from 8.63 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.49 to 9.54. 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 | 26.48 | NEGATIVE | HTLD has a low relative strength, it was outperformed by 73.52% 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) | DOWN | MIXED | The current price of HTLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.59 | NEUTRAL | The RSI value for HTLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HTLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.07 | NEUTRAL | The Stochastics value for HTLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for HTLD suggests some volalility. |
| Average Directional Index/ADX (14) | 37.66 | POSITIVE | The high ADX value value for HTLD suggests a strong 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 |
|---|---|---|---|
| 9.26 | 8.86 | 0.40 (4.31%) | 23.21% |
| An entry @9.26. This is a Buy Stop order right above the 10 day moving average. | An exit @8.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.40 points, which is 4.31%. | When investing 23.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
8.98
-0.25 (-2.71%)
HEARTLAND EXPRESS INC / HTLD FAQ
What is the ChartMill technical rating of HEARTLAND EXPRESS INC (HTLD) stock?
ChartMill assigns a technical rating of 7 / 10 to HTLD.
What is the current trend direction of HEARTLAND EXPRESS INC (HTLD) stock?
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 58.5944. This indicates that the stock is currently neutral.
What is the buy/sell signal for HTLD stock?
The buy/sell signal for HEARTLAND EXPRESS INC (HTLD) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HEARTLAND EXPRESS INC?
HEARTLAND EXPRESS INC (HTLD) has a support level at 8.71 and a resistance level at 9.49. Check the full technical report for our detailed analysis of HTLD support and resistance levels.