HXL Technical Analysis - HEXCEL CORP

Technical Rating and Analysis

Taking everything into account, HXL 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, HXL is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

A new 52 week high is currently being made by HXL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month HXL has a been trading in the 60.82 - 74.35 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Looking at the yearly performance, HXL did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

HXL is part of the Aerospace & Defense industry. There are 70 other stocks in this industry, HXL did better than 50% of them.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

HXL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

58.95

71.66

When analyzing the support we can see 3 important areas.

A support zone ranging from 63.05 to 63.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 61.07 to 61.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @59.55 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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 HXL is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for HXL is neutral.
ChartMill Relative Strength	76.63	POSITIVE	HXL has a high relative strength, it outperformed 76.63% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of HXL is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of HXL is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of HXL is above the rising SMA(200).
Relative Strength Index/RSI (14)	72.48	OVERBOUGHT	The high RSI value suggests HXL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.47	POSITIVE	The MACD value suggests HXL has a positive trend.
Stochastics (14,3)	58.37	NEUTRAL	The Stochastics value for HXL is a neutral value.
Average True Range in percent/ATR (20)	3.17	MEDIUM VOLATILITY	The ATR as a percentage value for HXL suggests some volalility.
Average Directional Index/ADX (14)	22.29	NEUTRAL	The ADX value for HXL suggests a possible start of a new trend.