HUNTSMAN CORP (HUN) Stock Technical Analysis
USA - NYSE:HUN - US4470111075 - Common Stock
8.4 USD
+0.01 (+0.12%)
8.43 USD
+0.03 (+0.36%)
Taking everything into account, HUN scores 0 out of 10 in our technical rating. HUN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, HUN is a bad performer in the overall market: 97% of all stocks are doing better.
HUN is part of the Chemicals industry. There are 83 other stocks in this industry, of which 87% are performing better than HUN.
HUN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
HUN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HUN has an average volume of 4709000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of HUN 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.
More info and screens
8.32
9.76
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.67 to 8.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.60 to 9.66. 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 | DOWN | NEGATIVE | The long term trend for HUN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HUN is down. |
| ChartMill Relative Strength | 3.83 | NEGATIVE | HUN has a low relative strength, it was outperformed by 96.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HUN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.78 | NEUTRAL | The RSI value for HUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HUN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.68 | NEUTRAL | The Stochastics value for HUN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for HUN suggests some volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for HUN 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)
8.4
+0.01 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.12%
1 Week-3.56%
2 Weeks-9.58%
1 Month-18.37%
3 Month-25.8%
6 Month-35.58%
12 Month-64.57%
2 Year-63.99%
3 Year-68.61%
5 Year-65.42%
10 Year-36.22%
15 Year-39.35%
Volatility
ATR(14)0.39
ATR(20)%4.68%
ATR Inc-27.5%
Range Today0.28
ADR(20)0.39
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.83
Mansfield-4.66
10 Day High9.71
10 Day Low7.75
20 Day High10.29
20 Day Low7.75
52 Week High23.69
52 Week Low7.75
CS1 EndN/A
CR1 Start8.67
Volume & EV
DER(3)-3.66%
DER(5)-3.33%
Volume6.47M
Volume Incr21.66%
Vol(5)6.21M
Vol(50)4.71M