Taking everything into account, HURC scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HURC was also a bad performer in the overall market in the last year.
- 82% of all other stocks performed better in the past year than HURC.
- HURC is one of the lesser performing stocks in the Machinery industry. 71% of 132 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month HURC has a been trading in the 16.04 - 17.87 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.
- HURC is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So HURC is doing better than the market!
HURC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
14.60
When analyzing the support we notice one important area.
- A support zone ranging from 14.75 to 15.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.68 to 17.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.68 from a trend line in the weekly time frame.
- Resistance @18.46 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 | NEUTRAL | NEUTRAL | The long term trend for HURC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HURC is up. |
| ChartMill Relative Strength | 18.99 | NEGATIVE | HURC has a low relative strength, it was outperformed by 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HURC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HURC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HURC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.28 | NEUTRAL | The RSI value for HURC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HURC has a negative trend. |
| Stochastics (14,3) | 31.84 | NEUTRAL | The Stochastics value for HURC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for HURC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for HURC suggests a possible start of a new trend. |
16.6
+0.06 (+0.36%)
HURCO COMPANIES INC / HURC FAQ
Can you provide the ChartMill technical rating for HURCO COMPANIES INC?
ChartMill assigns a technical rating of 5 / 10 to HURC.
What is the current trend direction of HURCO COMPANIES INC (HURC) stock?
The current trend direction for HURCO COMPANIES INC (HURC) is Bearish.
What is the RSI signal for HURCO COMPANIES INC (HURC) stock?
HURCO COMPANIES INC (HURC) has an RSI value of 51.2797. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HURCO COMPANIES INC?
The short term momentum for HURCO COMPANIES INC (HURC) is positive.
What is the support and resistance level for HURC stock?
HURCO COMPANIES INC (HURC) has a support level at 15.13 and a resistance level at 16.68. Check the full technical report for our detailed analysis of HURC support and resistance levels.