HAWKINS INC (HWKN) Stock Technical Analysis
NASDAQ:HWKN - Nasdaq - US4202611095 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to HWKN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HWKN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HWKN is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by HWKN over the past year are nicely spread over this period.
HWKN is one of the better performing stocks in the Chemicals industry, it outperforms 95% of 85 stocks in the same industry.
HWKN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HWKN is performing more or less in line with the market.
In the last month HWKN has a been trading in the 115.34 - 135.27 range, which is quite wide. It is currently trading near the high of this range.
Although HWKN has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
100.27
134.82
We found 4 important support areas.
- A support zone ranging from 124.48 to 125.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 117.68 to 120.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @112.93 from a trend line in the weekly time frame.
- Support @101.28 from a horizontal line 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 | UP | POSITIVE | The long term trend for HWKN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWKN is up. |
| ChartMill Relative Strength | 94.28 | POSITIVE | HWKN has a high relative strength, it outperformed 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HWKN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HWKN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HWKN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.32 | OVERBOUGHT | The high RSI value suggests HWKN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests HWKN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.6 | OVERBOUGHT | The high Stochastics value suggests HWKN may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for HWKN suggests some volalility. |
| Average Directional Index/ADX (14) | 41.04 | POSITIVE | The high ADX value value for HWKN suggests a strong 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 |
|---|---|---|---|
| 135.28 | 124.47 | 10.81 (7.99%) | 12.51% |
| An entry @135.28. This is a Buy Stop order right above the 10 day high. | An exit @124.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.81 points, which is 7.99%. | For a 1.00% total portfolio risk, you can invest 12.51% 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.
133.49
+0.8 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.6%
1 Week5.38%
2 Weeks12.35%
1 Month11.77%
3 Month27.15%
6 Month-0.76%
12 Month52.87%
2 Year184.38%
3 Year269.17%
5 Year522.33%
10 Year555.01%
15 Year892.49%
Volatility
ATR(14)4.9
ATR(20)%3.6%
ATR Inc-30.82%
Range Today2.38
ADR(20)4.68
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
Mansfield1.21
10 Day High135.27
10 Day Low118.11
20 Day High135.27
20 Day Low115.35
52 Week High139.56
52 Week Low83.88
CS1 End125.8
CR1 StartN/A
Volume & EV
DER(3)1.08%
DER(5)2.12%
Volume151.90K
Volume Incr2.57%
Vol(5)133.27K
Vol(50)120.78K