HEXCEL CORP (HXL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HXL - US4282911084 - Common Stock
Overall HXL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, HXL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, HXL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 76.00, a Stop Loss order could be placed below this zone.
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58.95
5 important support areas can be observed.
- A support zone ranging from 73.63 to 76.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.34 to 72.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.14 to 66.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.91 from a horizontal line in the daily time frame.
- Support @59.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @76.60 from a horizontal line in the weekly 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 | 84.49 | POSITIVE | HXL has a high relative strength, it outperformed 84.49% 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) | 60.26 | NEUTRAL | The RSI value for HXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests HXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.02 | NEUTRAL | The Stochastics value for HXL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for HXL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.05 | NEUTRAL | The ADX value for HXL suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 76.61 | 73.62 | 2.99 (3.90%) | 25.00% |
| An entry @76.61. This is a Buy Stop order right above the resistance zone. | An exit @73.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.99 points, which is 3.90%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HXL. Please evaluate whether better entry and exit points can be found.
- 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.
76.48
+0.5 (+0.66%)
HEXCEL CORP / HXL FAQ
What is the ChartMill technical rating of HEXCEL CORP (HXL) stock?
ChartMill assigns a technical rating of 9 / 10 to HXL.
What is the trend direction for HXL stock?
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 60.2573. This indicates that the stock is currently neutral.
What is the MACD signal for HEXCEL CORP (HXL) stock?
The MACD indicator for HEXCEL CORP (HXL) has a value of -0.172528, indicating a bearish trend.
Can you provide the buy/sell signal for HEXCEL CORP?
The buy/sell signal for HEXCEL CORP (HXL) is buy as both the short term and long term trends are positive.