HURCO COMPANIES INC (HURC) Stock Technical Analysis
USA - NASDAQ:HURC - US4473241044 - Common Stock
17.5 USD
-0.47 (-2.62%)
17.82 USD
+0.32 (+1.83%)
We assign a technical rating of 3 out of 10 to HURC. HURC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month HURC has a been trading in the 16.25 - 19.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, HURC outperforms 44% of them, which is more or less in line with the market.
HURC is part of the Machinery industry. There are 128 other stocks in this industry, HURC did better than 51% of them.
HURC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HURC is lagging the market.
Volume is considerably higher in the last couple of days.
HURC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.38, a Stop Loss order could be placed below this zone.
More info and screens
13.96
20.83
We found 3 important support areas.
- A support zone ranging from 17.20 to 17.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.63 to 16.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.10 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.55 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.45 to 19.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.62 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for HURC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HURC is neutral. |
| ChartMill Relative Strength | 44.97 | NEUTRAL | HURC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HURC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HURC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HURC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.6 | NEUTRAL | The RSI value for HURC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HURC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.33 | NEUTRAL | The Stochastics value for HURC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for HURC suggests high volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for HURC suggests a weak or negative 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)
17.5
-0.47 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.62%
1 Week0%
2 Weeks5.23%
1 Month-3.74%
3 Month12.32%
6 Month9.17%
12 Month-6.67%
2 Year-21.98%
3 Year-22.15%
5 Year-38.38%
10 Year-33.31%
15 Year-2.78%
Volatility
ATR(14)0.95
ATR(20)%5.27%
ATR Inc3.85%
Range Today0.81
ADR(20)0.91
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.97
Mansfield-1.45
10 Day High18.87
10 Day Low16.25
20 Day High19.08
20 Day Low16.25
52 Week High23.76
52 Week Low13.19
CS1 End17.38
CR1 Start17.55
Volume & EV
DER(3)-5.09%
DER(5)-0.53%
Volume46.90K
Volume Incr99.5%
Vol(5)68.22K
Vol(50)35.14K