HURCO COMPANIES INC (HURC) Stock Technical Analysis
NASDAQ:HURC - Nasdaq - US4473241044 - Common Stock - Currency: USD
Overall HURC gets a technical rating of 8 out of 10. Although HURC has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
When comparing the yearly performance of all stocks, we notice that HURC is one of the better performing stocks in the market, outperforming 82% of all stocks.
In the last month HURC has a been trading in the 13.19 - 18.98 range, which is quite wide. It is currently trading near the high of this range.
HURC is part of the Machinery industry. There are 128 other stocks in this industry, HURC did better than 67% 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HURC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.29
23.63
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.48 to 18.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.39 from a trend line in the weekly time frame.
- Resistance @23.40 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 | 82.21 | POSITIVE | HURC has a high relative strength, it outperformed 82.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HURC is above 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 | POSITIVE | The current price of HURC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.43 | OVERBOUGHT | The high RSI value suggests HURC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests HURC has a positive trend. |
| Stochastics (14,3) | 91.33 | OVERBOUGHT | The high Stochastics value suggests HURC may be overbought. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for HURC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.86 | POSITIVE | The high ADX value value for HURC 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)
18.47
-0.12 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.65%
1 Week18.55%
2 Weeks25.31%
1 Month27.2%
3 Month18.25%
6 Month-3.2%
12 Month21.04%
2 Year-14.69%
3 Year-25.34%
5 Year-33.96%
10 Year-46.65%
15 Year24.29%
Volatility
ATR(14)0.96
ATR(20)%4.53%
ATR Inc105.11%
Range Today1.51
ADR(20)0.83
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.21
Mansfield-0.46
10 Day High18.98
10 Day Low14.22
20 Day High18.98
20 Day Low13.19
52 Week High23.76
52 Week Low13.19
CS1 EndN/A
CR1 Start18.48
Volume & EV
DER(3)1.85%
DER(5)2.24%
Volume33.50K
Volume Incr8.89%
Vol(5)34.90K
Vol(50)32.05K