HANCOCK WHITNEY CORP (HWC) Stock Technical Analysis
NASDAQ:HWC • US4101201097
Taking everything into account, HWC scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, HWC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month HWC has a been trading in the 66.88 - 75.43 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that HWC is one of the better performing stocks in the market, outperforming 73% of all stocks.
- HWC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HWC is lagging the market slightly.
- HWC is an average performer in the Banks industry, it outperforms 69% of 379 stocks in the same industry.
Although HWC has an excellent technical rating, it does not offer a high quality setup 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
52.65
When analyzing the support we can see 5 important areas.
- A support zone ranging from 67.62 to 67.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.53 from a trend line in the weekly time frame.
- Support @56.84 from a trend line in the weekly time frame.
- Support @55.92 from a trend line in the daily time frame.
- A support zone ranging from 53.18 to 54.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HWC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HWC is neutral. |
| ChartMill Relative Strength | 73.3 | POSITIVE | HWC has a high relative strength, it outperformed 73.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HWC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HWC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HWC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.05 | NEUTRAL | The RSI value for HWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests HWC has a negative trend. |
| Stochastics (14,3) | 20.58 | NEUTRAL | The Stochastics value for HWC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for HWC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for HWC suggests a weak or negative trend. |
67.67
-0.24 (-0.35%)
HANCOCK WHITNEY CORP / HWC FAQ
What is the ChartMill technical rating of HANCOCK WHITNEY CORP (HWC) stock?
ChartMill assigns a technical rating of 8 / 10 to HWC.
Can you provide the trend direction for HANCOCK WHITNEY CORP?
The current trend direction for HANCOCK WHITNEY CORP (HWC) is Bullish.
Can you provide the RSI signal for HANCOCK WHITNEY CORP?
HANCOCK WHITNEY CORP (HWC) has an RSI value of 41.0526. This indicates that the stock is currently neutral.
What is the support and resistance level for HWC stock?
HANCOCK WHITNEY CORP (HWC) has a support level at 67.66. Check the full technical report for our detailed analysis of HWC support and resistance levels.