HENNESSY CAPITAL INVESTMENT (HVII) Stock Technical Analysis
USA - NASDAQ:HVII - KYG4405D1079 - Common Stock
Overall HVII gets a technical rating of 7 out of 10. Although HVII is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although HVII has an excellent technical rating, the quality of the presented setup is not ideal 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
9.71
2 important support areas can be observed.
- A support zone ranging from 10.12 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.81 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 | UP | POSITIVE | The long term trend for HVII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HVII is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HVII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HVII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HVII is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for HVII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HVII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.75 | NEUTRAL | The Stochastics value for HVII is a neutral value. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for HVII suggests low volalility. |
| Average Directional Index/ADX (14) | 49.18 | POSITIVE | The high ADX value value for HVII suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.65 | 10.31 | 0.34 (3.23%) | 25.00% |
| An entry @10.65. This is a Buy Stop order right above the 10 day moving average. | An exit @10.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 3.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.5
-0.13 (-1.22%)
HENNESSY CAPITAL INVESTMENT / HVII FAQ
What is the ChartMill technical rating of HENNESSY CAPITAL INVESTMENT (HVII) stock?
ChartMill assigns a technical rating of 7 / 10 to HVII.
What is the current trend direction of HENNESSY CAPITAL INVESTMENT (HVII) stock?
The current trend direction for HENNESSY CAPITAL INVESTMENT (HVII) is Bullish.
What is the RSI signal for HVII stock?
HENNESSY CAPITAL INVESTMENT (HVII) has an RSI value of 53.3429. This indicates that the stock is currently neutral.
What is the MACD signal for HENNESSY CAPITAL INVESTMENT (HVII) stock?
The MACD indicator for HENNESSY CAPITAL INVESTMENT (HVII) has a value of 0.00318408, indicating a bearish trend.
What is the short term momentum for HENNESSY CAPITAL INVESTMENT (HVII) stock?
The short term momentum for HENNESSY CAPITAL INVESTMENT (HVII) is positive.