Taking everything into account, HWC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HWC is only an average performer.
HWC has an average technical rating and the quality of the presented setup is also 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.
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47.97
We found 7 important support areas.
- Support @61.84 from a horizontal line in the daily time frame.
- A support zone ranging from 58.74 to 59.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.58 from a trend line in the weekly time frame.
- Support @56.48 from a trend line in the daily time frame.
- A support zone ranging from 54.25 to 55.26. 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 @48.45 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for HWC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWC is up. |
| ChartMill Relative Strength | 56.63 | NEUTRAL | HWC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HWC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HWC is above a declining 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) | 65.21 | NEUTRAL | The RSI value for HWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests HWC has a positive trend. |
| Stochastics (14,3) | 90.9 | OVERBOUGHT | The high Stochastics value suggests HWC may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for HWC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for HWC suggests a weak or negative 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 |
|---|---|---|---|
| 64.33 | 61.83 | 2.50 (3.89%) | 25.00% |
| An entry @64.33. This is a Buy Stop order right above the resistance zone. | An exit @61.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.50 points, which is 3.89%. | For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
61.97
+1.38 (+2.28%)
HANCOCK WHITNEY CORP / HWC FAQ
What is the ChartMill technical rating of HANCOCK WHITNEY CORP (HWC) stock?
ChartMill assigns a technical rating of 6 / 10 to HWC.
What is the trend direction for HWC stock?
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 65.2121. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HANCOCK WHITNEY CORP?
The buy/sell signal for HANCOCK WHITNEY CORP (HWC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for HANCOCK WHITNEY CORP (HWC) stock?
HANCOCK WHITNEY CORP (HWC) has a support level at 61.84 and a resistance level at 63.54. Check the full technical report for our detailed analysis of HWC support and resistance levels.