HUBBELL INC (HUBB) Stock Technical Analysis
NYSE:HUBB - New York Stock Exchange, Inc. - US4435106079 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to HUBB. Although HUBB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month HUBB has a been trading in the 380.86 - 420.00 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 HUBB is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HUBB is part of the Electrical Equipment industry. There are 94 other stocks in this industry, HUBB did better than 51% of them.
HUBB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HUBB is lagging the market.
Although HUBB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
318.89
465.11
3 important support areas can be observed.
- A support zone ranging from 396.95 to 398.08. 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 381.33 to 387.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @322.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The long term trend for HUBB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HUBB is up. |
| ChartMill Relative Strength | 73.65 | POSITIVE | HUBB has a high relative strength, it outperformed 73.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUBB is above the rising 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) | UP | POSITIVE | The current price of HUBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.36 | NEUTRAL | The RSI value for HUBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests HUBB has a positive trend. |
| Stochastics (14,3) | 91.15 | OVERBOUGHT | The high Stochastics value suggests HUBB may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for HUBB suggests low volalility. |
| Average Directional Index/ADX (14) | 17.34 | 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)
414.84
-0.28 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.07%
1 Week2.36%
2 Weeks4.04%
1 Month6.17%
3 Month31.3%
6 Month-3.74%
12 Month11.29%
2 Year32.96%
3 Year89.41%
5 Year207.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.27
ATR(20)%1.95%
ATR Inc-30.6%
Range Today5.8
ADR(20)7.32
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.65
Mansfield-0.41
10 Day High420
10 Day Low385.91
20 Day High420
20 Day Low380.86
52 Week High481.35
52 Week Low299.43
CS1 End396.83
CR1 Start406.63
Volume & EV
DER(3)-1.71%
DER(5)-0.44%
Volume315.80K
Volume Incr-22.42%
Vol(5)424.20K
Vol(50)595.83K