HUBBELL INC (HUBB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HUBB • US4435106079
Overall HUBB gets a technical rating of 9 out of 10. Both in the recent history as in the last year, HUBB 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.
- Looking at the yearly performance, HUBB did better than 74% of all other stocks.
- HUBB 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 HUBB is lagging the market slightly.
- HUBB is an average performer in the Electrical Equipment industry, it outperforms 58% of 91 stocks in the same industry.
- In the last month HUBB has a been trading in the 456.21 - 513.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, HUBB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 470.60, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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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5 important support areas can be observed.
- A support zone ranging from 457.14 to 470.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @442.54 from a horizontal line in the daily time frame.
- A support zone ranging from 429.67 to 430.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 417.54 to 421.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @408.46 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 | 74.36 | POSITIVE | HUBB has a high relative strength, it outperformed 74.36% 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) | 55.02 | NEUTRAL | The RSI value for HUBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests HUBB has a negative trend. |
| Stochastics (14,3) | 50.62 | NEUTRAL | The Stochastics value for HUBB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for HUBB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for HUBB 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 |
|---|---|---|---|
| 490.22 | 472.13 | 18.09 (3.69%) | 25.00% |
| An entry @490.22. This is a Buy Stop order right above the 10 day moving average. | An exit @472.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 18.09 points, which is 3.69%. | For a 0.92% 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 HUBB. 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.
487.4
+0.24 (+0.05%)
HUBBELL INC / HUBB FAQ
Can you provide the ChartMill technical rating for HUBBELL INC?
ChartMill assigns a technical rating of 9 / 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 55.0156. 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 positive.
What is the buy/sell signal for HUBB stock?
The buy/sell signal for HUBBELL INC (HUBB) is buy as both the short term and long term trends are positive.