HUBBELL INC (HUBB) Technical Analysis
NYSE:HUBB • US4435106079
Current stock price
HUBB Technical Rating and Analysis
Overall HUBB gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month HUBB has a been trading in the 457.60 - 533.20 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, HUBB did better than 83% of all other stocks. On top of that, HUBB also shows a nice and consistent pattern of rising prices.
- HUBB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HUBB is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- HUBB is part of the Electrical Equipment industry. There are 91 other stocks in this industry, HUBB did better than 62% of them.
HUBB Weekly and Daily overview Charts
HUBB Setup Rating and Analysis
Besides having an excellent technical rating, HUBB also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 442.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HUBB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HUBB Support and Resistance Analysis
403.28
When analyzing the support we can see 4 important areas.
- Support @442.54 from a horizontal line in the daily time frame.
- Support @425.16 from a trend line in the daily time frame.
- Strong support @417.54 from a horizontal line in the daily time frame.
- A support zone ranging from 407.35 to 408.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 526.74 to 527.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
HUBB 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 | UP | POSITIVE | The long term trend for HUBB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HUBB is down. |
| ChartMill Relative Strength | 83.4 | POSITIVE | HUBB has a high relative strength, it outperformed 83.4% off all stocks 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 | MIXED | The current price of HUBB is below 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) | 39.53 | NEUTRAL | The RSI value for HUBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.36 | NEGATIVE | The MACD value suggests HUBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.23 | OVERSOLD | The low Stochastics value suggests HUBB may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for HUBB suggests some volalility. |
| Average Directional Index/ADX (14) | 25.62 | POSITIVE | The high ADX value value for HUBB suggests a strong trend. |
HUBB Chart- and CandleStick Pattern Analysis
HUBB 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 |
|---|---|---|---|
| 495.07 | 457.59 | 37.48 (7.57%) | 13.21% |
| An entry @495.07. This is a Buy Stop order right above the 10 day high. | An exit @457.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 37.48 points, which is 7.57%. | When investing 13.21% 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.
HUBB Technicals: Chart, Performance Metrics, Trend & Indicators
471.22
-1.42 (-0.3%)
HUBBELL INC / HUBB TA FAQ
Can you provide the ChartMill technical rating for HUBBELL INC?
ChartMill assigns a technical rating of 7 / 10 to HUBB.
What is the trend direction for HUBB stock?
The current trend direction for HUBBELL INC (HUBB) is Bullish.
What is the RSI signal for HUBBELL INC (HUBB) stock?
HUBBELL INC (HUBB) has an RSI value of 39.5328. This indicates that the stock is currently neutral.
What is the short term momentum for HUBBELL INC (HUBB) stock?
The short term momentum for HUBBELL INC (HUBB) is negative.
What is the buy/sell signal for HUBB stock?
The buy/sell signal for HUBBELL INC (HUBB) is hold as the short term and long term trends are mixed.