NASDAQ:HVBC - Nasdaq - US40441H1059 - Common Stock - Currency: USD
Taking everything into account, HVBC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HVBC is showing a nice and steady performance.
Although HVBC has an excellent technical rating, it does not present a decent entry opportunity 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.
21.02
When analyzing the support we can see 6 important areas.
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 | UP | POSITIVE | The long term trend for HVBC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HVBC is up. |
ChartMill Relative Strength | 93.16 | POSITIVE | HVBC has a high relative strength, it outperformed 93.16% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HVBC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HVBC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HVBC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 72.84 | OVERBOUGHT | The high RSI value suggests HVBC may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests HVBC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.22 | NEUTRAL | The Stochastics value for HVBC is a neutral value. |
Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HVBC suggests some volalility. |
Average Directional Index/ADX (14) | 27.52 | POSITIVE | The high ADX value value for HVBC suggests a strong trend. |
34.6
+0.01 (+0.03%)