HUBBELL INC (HUBB) Stock Technical Analysis
NYSE:HUBB - New York Stock Exchange, Inc. - US4435106079 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to HUBB. HUBB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
HUBB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, HUBB turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
HUBB is part of the Electrical Equipment industry. There are 94 other stocks in this industry, HUBB did better than 65% of them.
HUBB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HUBB is lagging the market slightly.
Although the technical rating is only medium, HUBB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 382.02, a Stop Loss order could be placed below this zone.
More info and screens
317.48
465.11
2 important support areas can be observed.
- A support zone ranging from 376.31 to 382.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @320.69 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 388.85 to 398.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @432.22 from a trend line in the weekly time frame.
- Resistance @460.50 from a horizontal line in the daily time frame.
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 HUBB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HUBB is neutral. |
| ChartMill Relative Strength | 65.7 | NEUTRAL | HUBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HUBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HUBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.46 | NEUTRAL | The RSI value for HUBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.13 | NEGATIVE | The MACD value suggests HUBB has a negative trend. |
| Stochastics (14,3) | 47.66 | NEUTRAL | The Stochastics value for HUBB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for HUBB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.83 | NEGATIVE | The low ADX value for HUBB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
382.03
-9.01 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.3%
1 Week-3.35%
2 Weeks-1.94%
1 Month-1.19%
3 Month12.09%
6 Month-15.78%
12 Month1.95%
2 Year15.22%
3 Year113.93%
5 Year204.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.33
ATR(20)%2.29%
ATR Inc0.68%
Range Today7.43
ADR(20)8.21
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.7
Mansfield-0.77
10 Day High398.34
10 Day Low374.68
20 Day High401.27
20 Day Low374.68
52 Week High481.35
52 Week Low299.43
CS1 End382.02
CR1 Start388.85
Volume & EV
DER(3)-1.25%
DER(5)-1.04%
Volume447.10K
Volume Incr-32.52%
Vol(5)438.62K
Vol(50)683.88K