HAOXIN HOLDINGS LTD-CL A (HXHX) Stock Technical Analysis
NASDAQ:HXHX • KYG4290D1051
Overall HXHX gets a technical rating of 3 out of 10. In the past year, HXHX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, HXHX is a bad performer in the overall market: 100% of all stocks are doing better.
- HXHX is one of the lesser performing stocks in the Ground Transportation industry. 90% of 42 stocks in the same industry do better.
- HXHX has an average volume of 8635310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HXHX has a been trading in the 0.35 - 0.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HXHX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.38
When analyzing the support we can see 3 important areas.
- Support @0.50 from a horizontal line in the daily time frame.
- Support @0.42 from a trend line in the weekly time frame.
- Support @0.38 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.00 from a trend 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 | DOWN | NEGATIVE | The long term trend for HXHX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HXHX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | HXHX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HXHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HXHX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HXHX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for HXHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HXHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.2 | NEUTRAL | The Stochastics value for HXHX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.2 | HIGH VOLATILITY | The high ATR as a percentage value for HXHX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.53 | POSITIVE | The high ADX value value for HXHX suggests a strong trend. |
0.519
+0.02 (+3.8%)
HAOXIN HOLDINGS LTD-CL A / HXHX FAQ
What is the ChartMill technical rating of HAOXIN HOLDINGS LTD-CL A (HXHX) stock?
ChartMill assigns a technical rating of 3 / 10 to HXHX.
Can you provide the trend direction for HAOXIN HOLDINGS LTD-CL A?
The current trend direction for HAOXIN HOLDINGS LTD-CL A (HXHX) is Bearish.
Can you provide the RSI signal for HAOXIN HOLDINGS LTD-CL A?
HAOXIN HOLDINGS LTD-CL A (HXHX) has an RSI value of 50.7406. This indicates that the stock is currently neutral.
What is the MACD signal for HXHX stock?
The MACD indicator for HAOXIN HOLDINGS LTD-CL A (HXHX) has a value of 0.012335, indicating a bearish trend.
What are the support and resistance levels for HAOXIN HOLDINGS LTD-CL A (HXHX) stock?
HAOXIN HOLDINGS LTD-CL A (HXHX) has a support level at 0.5 and a resistance level at 0.53. Check the full technical report for our detailed analysis of HXHX support and resistance levels.