HEXCEL CORP (HXL) Stock Technical Analysis
NYSE:HXL • US4282911084
Taking everything into account, HXL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HXL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that HXL is one of the better performing stocks in the market, outperforming 88% of all stocks.
- HXL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HXL has a been trading in the 80.00 - 93.14 range, which is quite wide. It is currently trading near the high of this range.
- HXL has an average volume of 1258700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HXL is part of the Aerospace & Defense industry. There are 73 other stocks in this industry, HXL did better than 54% of them.
Although HXL has an excellent technical rating, it does not present a decent entry opportunity 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
58.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 82.81 to 85.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.75 to 81.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.05 from a trend line in the weekly time frame.
- Support @59.55 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 HXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HXL is up. |
| ChartMill Relative Strength | 88.05 | POSITIVE | HXL has a high relative strength, it outperformed 88.05% 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) | 71.31 | OVERBOUGHT | The high RSI value suggests HXL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests HXL has a positive trend. |
| Stochastics (14,3) | 76.61 | NEUTRAL | The Stochastics value for HXL is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for HXL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.33 | POSITIVE | The high ADX value value for HXL suggests a strong trend. |
89.79
+0.84 (+0.94%)
HEXCEL CORP / HXL FAQ
What is the ChartMill technical rating of HEXCEL CORP (HXL) stock?
ChartMill assigns a technical rating of 10 / 10 to HXL.
Can you provide the trend direction for HEXCEL CORP?
The current trend direction for HEXCEL CORP (HXL) is Bullish.
What is the RSI signal for HXL stock?
HEXCEL CORP (HXL) has an RSI value of 71.3094. This indicates that the stock is currently overbought.
What is the short term momentum for HXL stock?
The short term momentum for HEXCEL CORP (HXL) is positive.
What are the support and resistance levels for HEXCEL CORP (HXL) stock?
HEXCEL CORP (HXL) has a support level at 85.58. Check the full technical report for our detailed analysis of HXL support and resistance levels.