We assign a technical rating of 8 out of 10 to HWC. 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 excellent technical rating, but the quality of the setup is only medium 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
48.30
When analyzing the support we can see 6 important areas.
- A support zone ranging from 63.14 to 65.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.22 from a trend line in the weekly time frame.
- Support @58.19 from a trend line in the daily time frame.
- Support @54.25 from a horizontal line in the daily time frame.
- Support @53.18 from a horizontal line in the daily time frame.
- Support @48.79 from a trend line in the weekly 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 HWC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWC is up. |
| ChartMill Relative Strength | 78.83 | POSITIVE | HWC has a high relative strength, it outperformed 78.83% off all stocks 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) | 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) | 70.54 | OVERBOUGHT | The high RSI value suggests HWC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HWC has a positive trend. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests HWC may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for HWC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for HWC suggests a possible start of a new trend. |
68.07
+0.12 (+0.18%)
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 70.5352. This indicates that the stock is currently overbought.
What is the buy/sell signal for HWC stock?
The buy/sell signal for HANCOCK WHITNEY CORP (HWC) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HANCOCK WHITNEY CORP?
HANCOCK WHITNEY CORP (HWC) has a support level at 65.82. Check the full technical report for our detailed analysis of HWC support and resistance levels.