HYSTER-YALE INC (HY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
We assign a technical rating of 0 out of 10 to HY. HY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HY is bad and it also does not present a 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.
More info and screens
33.36
When analyzing the support we notice one important area.
- A support zone ranging from 33.70 to 34.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @34.89 from a trend line in the daily time frame.
- Resistance @36.70 from a trend line in the daily time frame.
- A resistance zone ranging from 37.73 to 37.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.32 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 | DOWN | NEGATIVE | The long term trend for HY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HY is neutral. |
| ChartMill Relative Strength | 13.36 | NEGATIVE | HY has a low relative strength, it was outperformed by 86.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.5 | NEUTRAL | The RSI value for HY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests HY has a positive trend. |
| Stochastics (14,3) | 67.48 | NEUTRAL | The Stochastics value for HY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for HY suggests high volalility. |
| Average Directional Index/ADX (14) | 47.87 | POSITIVE | The high ADX value value for HY suggests a strong trend. |
34.4
+4.65 (+15.63%)
HYSTER-YALE INC / HY FAQ
What is the technical rating for HY stock?
ChartMill assigns a technical rating of 0 / 10 to HY.
What is the trend direction for HY stock?
The current trend direction for HYSTER-YALE INC (HY) is Bearish.
What is the RSI signal for HYSTER-YALE INC (HY) stock?
HYSTER-YALE INC (HY) has an RSI value of 62.5049. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HYSTER-YALE INC?
HYSTER-YALE INC (HY) has a support level at 34.39 and a resistance level at 34.89. Check the full technical report for our detailed analysis of HY support and resistance levels.