HANCOCK WHITNEY CORP (HWC) Stock Technical Analysis
USA - NASDAQ:HWC - US4101201097 - Common Stock
62.59 USD
-0.48 (-0.76%)
62.59 USD
0 (0%)
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.
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 77% of all stocks.
HWC is part of the Banks industry. There are 392 other stocks in this industry. HWC outperforms 80% of them.
HWC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
HWC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, HWC also presents 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. There is a support zone below the current price at 62.41, a Stop Loss order could be placed below this zone.
More info and screens
49.71
64.19
When analyzing the support we can see 5 important areas.
- A support zone ranging from 62.02 to 62.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 60.52 to 61.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.62 to 58.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @53.77 from a horizontal line in the weekly time frame.
- Support @50.21 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.61 to 63.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 77.9 | POSITIVE | HWC has a high relative strength, it outperformed 77.9% 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 | POSITIVE | The current price of HWC is above 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) | 54.04 | NEUTRAL | The RSI value for HWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests HWC has a negative trend. |
| Stochastics (14,3) | 53.35 | NEUTRAL | The Stochastics value for HWC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for HWC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for HWC suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 63.56 | 62.01 | 1.55 (2.44%) | 25.00% |
| An entry @63.56. This is a Buy Stop order right above the resistance zone. | An exit @62.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.55 points, which is 2.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of HWC. Please evaluate whether better entry and exit points can be found.
- 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.
62.59
-0.48 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.76%
1 Week-0.13%
2 Weeks0.53%
1 Month3.15%
3 Month16.04%
6 Month19.68%
12 Month21.7%
2 Year69.21%
3 Year36.63%
5 Year232.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%1.83%
ATR Inc-5.6%
Range Today1.23
ADR(20)1.09
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.9
Mansfield0.06
10 Day High63.84
10 Day Low61.82
20 Day High64.25
20 Day Low59.95
52 Week High64.25
52 Week Low43.9
CS1 End62.41
CR1 Start62.61
Volume & EV
DER(3)-2.05%
DER(5)-0.38%
Volume957.80K
Volume Incr49.05%
Vol(5)937.26K
Vol(50)764.76K