HANCOCK WHITNEY CORP (HWC) Stock Technical Analysis
NASDAQ:HWC • US4101201097
Overall HWC gets a technical rating of 4 out of 10. In the last year, HWC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month HWC has a been trading in the 64.04 - 75.43 range, which is quite wide. It is currently trading near the lows of this range.
- 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. On top of that, HWC also shows a nice and consistent pattern of rising prices.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- HWC is an average performer in the Banks industry, it outperforms 67% of 379 stocks in the same industry.
- HWC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HWC is lagging the market slightly.
HWC has an average technical rating and it also 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 65.81 to 65.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.86 from a trend line in the weekly time frame.
- Support @56.93 from a trend line in the weekly time frame.
- Support @56.00 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.
We found 1 important resistance area.
- A resistance zone ranging from 68.35 to 68.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for HWC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HWC is down. |
| ChartMill Relative Strength | 73.89 | POSITIVE | HWC has a high relative strength, it outperformed 73.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HWC is below 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) | UP | POSITIVE | The current price of HWC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.68 | NEUTRAL | The RSI value for HWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests HWC has a negative trend. |
| Stochastics (14,3) | 18.09 | OVERSOLD | The low Stochastics value suggests HWC may be oversold. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for HWC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for HWC suggests a weak or negative trend. |
66
-0.9 (-1.35%)
HANCOCK WHITNEY CORP / HWC FAQ
What is the ChartMill technical rating of HANCOCK WHITNEY CORP (HWC) stock?
ChartMill assigns a technical rating of 4 / 10 to HWC.
Can you provide the trend direction for HANCOCK WHITNEY CORP?
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 39.6788. 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 65.81 and a resistance level at 68.35. Check the full technical report for our detailed analysis of HWC support and resistance levels.