HANCOCK WHITNEY CORP (HWC) Stock Technical Analysis
USA - NASDAQ:HWC - US4101201097 - Common Stock
Overall HWC gets a technical rating of 2 out of 10. HWC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, HWC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.26, a Stop Loss order could be placed below this zone.
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47.69
3 important support areas can be observed.
- A support zone ranging from 54.25 to 56.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.18 from a horizontal line in the daily time frame.
- Support @48.17 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @61.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 63.54 to 64.32. 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 | NEUTRAL | NEUTRAL | The long term trend for HWC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HWC is neutral. |
| ChartMill Relative Strength | 45.72 | NEUTRAL | HWC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HWC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HWC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HWC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for HWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests HWC has a positive trend. |
| Stochastics (14,3) | 85.92 | OVERBOUGHT | The high Stochastics value suggests HWC may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for HWC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for HWC suggests a possible start of a new trend. |
58.77
+0.72 (+1.24%)
HANCOCK WHITNEY CORP / HWC FAQ
What is the ChartMill technical rating of HANCOCK WHITNEY CORP (HWC) stock?
ChartMill assigns a technical rating of 2 / 10 to HWC.
What is the trend direction for HWC stock?
The current trend direction for HANCOCK WHITNEY CORP (HWC) is Bearish.
Can you provide the RSI signal for HANCOCK WHITNEY CORP?
HANCOCK WHITNEY CORP (HWC) has an RSI value of 51.4569. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HANCOCK WHITNEY CORP?
HANCOCK WHITNEY CORP (HWC) has a support level at 56.26 and a resistance level at 61.84. Check the full technical report for our detailed analysis of HWC support and resistance levels.