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USHG ACQUISITION CL A -CW28 (HUG.W) Stock Technical Analysis

NYSE:HUG.W - New York Stock Exchange, Inc. -

0.0006  -0.01 (-94%)

Technical Rating and Analysis

0

Overall HUG.W gets a technical rating of 0 out of 10. HUG.W scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HUG.W is a bad performer in the overall market: 100% of all stocks are doing better.
HUG.W is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month HUG.W has a been trading in the 0.00 - 0.09 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
USHG ACQUISITION CL A -CW28 / HUG.W Weekly stock chart
USHG ACQUISITION CL A -CW28 / HUG.W Daily stock chart
Setup Rating and Analysis

3

The technical rating of HUG.W is bad and it also does not present a quality setup 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for HUG.W is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for HUG.W is down.
ChartMill Relative Strength0.13NEGATIVEHUG.W has a low relative strength, it was outperformed by 99.87% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of HUG.W is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of HUG.W is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of HUG.W is below a declining SMA(200).
Relative Strength Index/RSI (14)36.96NEUTRALThe RSI value for HUG.W is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests HUG.W has a negative trend.
Stochastics (14,3)9.2OVERSOLDThe low Stochastics value suggests HUG.W may be oversold.
Average True Range in percent/ATR (20)4081.67HIGH VOLATILITYThe high ATR as a percentage value for HUG.W suggests high volalility.
Average Directional Index/ADX (14)11.43NEGATIVEThe low ADX value for HUG.W suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
USHG ACQUISITION CL A -CW28 / HUG.W Daily stock chart

USHG ACQUISITION CL A -CW28

NYSE:HUG.W (11/22/2022, 8:04:01 PM)

0.0006

-0.01 (-94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-94%
1 Week-99.33%
2 Weeks-98.5%
1 Month-98.87%
3 Month-99.54%
6 Month-99.91%
12 Month-99.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4081.67%
ATR Inc-26.76%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.13
Mansfield-9.99
10 Day High0.09
10 Day Low0
20 Day High0.09
20 Day Low0
52 Week High2.27
52 Week Low0
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.78%
DER(5)-13.5%
Volume32.40K
Volume Incr-72.62%
Vol(5)12.06K
Vol(50)33.93K