HUDSON ACQUISITION I CORP (HUDA) Stock Technical Analysis
NASDAQ:HUDA - Nasdaq - US44364H1005 - Common Stock - Currency: USD
Taking everything into account, HUDA scores 8 out of 10 in our technical rating. In the last year, HUDA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
HUDA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HUDA is lagging the market.
In the last month HUDA has a been trading in the 11.62 - 14.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, HUDA did better than 84% of all other stocks. On top of that, HUDA also shows a nice and consistent pattern of rising prices.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
Although HUDA has an excellent technical rating, the quality of the presented setup is not ideal 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
10.50
14.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.32 to 11.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.61 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @13.25 from a trend line in the daily time frame.
- A resistance zone ranging from 13.90 to 14.06. 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 | NEUTRAL | NEUTRAL | The long term trend for HUDA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HUDA is neutral. |
| ChartMill Relative Strength | 84.27 | POSITIVE | HUDA has a high relative strength, it outperformed 84.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HUDA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HUDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.84 | NEUTRAL | The RSI value for HUDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests HUDA has a negative trend. |
| Stochastics (14,3) | 26.83 | NEUTRAL | The Stochastics value for HUDA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for HUDA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.32 | POSITIVE | The high ADX value value for HUDA suggests a strong 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)
NASDAQ:HUDA (7/22/2024, 8:00:02 PM)
12.56
-0.5 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.85%
1 Week-7.03%
2 Weeks-6.34%
1 Month-5.56%
3 Month6.89%
6 Month18.49%
12 Month23.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%6.31%
ATR Inc111.77%
Range Today2.13
ADR(20)0.71
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.27
Mansfield-0.29
10 Day High14.3
10 Day Low11.62
20 Day High14.45
20 Day Low11.62
52 Week High23.3
52 Week Low10.18
CS1 End11.4
CR1 Start13.25
Volume & EV
DER(3)-5.53%
DER(5)-2.06%
Volume21.10K
Volume Incr-13.78%
Vol(5)11.04K
Vol(50)32.92K