HYSTER-YALE INC (HY) Stock Technical Analysis
NYSE:HY - US4491721050 - Common Stock
38.55 USD
-0.75 (-1.91%)
38.64 USD
+0.09 (+0.23%)
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 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, HY is a bad performer in the overall market: 91% of all stocks are doing better.
HY is one of the lesser performing stocks in the Machinery industry. 85% of 127 stocks in the same industry do better.
HY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HY has a been trading in the 35.33 - 42.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 39.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.24, a Stop Loss order could be placed below this zone.
More info and screens
35.62
44.25
When analyzing the support we notice one important area.
- A support zone ranging from 35.98 to 36.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 39.72 to 40.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.67 from a trend line in the daily time frame.
- A resistance zone ranging from 43.14 to 43.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 9.64 | NEGATIVE | HY has a low relative strength, it was outperformed by 90.36% 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 | NEGATIVE | The current price of HY is below 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) | 48.15 | NEUTRAL | The RSI value for HY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests HY has a positive trend. |
| Stochastics (14,3) | 79.82 | NEUTRAL | The Stochastics value for HY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for HY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.06 | NEUTRAL | The ADX value for HY suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
38.55
-0.75 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.91%
1 Week5.24%
2 Weeks1.45%
1 Month-8.28%
3 Month-4.01%
6 Month-24.14%
12 Month-38.77%
2 Year-15.59%
3 Year32.34%
5 Year-4.44%
10 Year-36.55%
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%4.12%
ATR Inc-50.94%
Range Today1.12
ADR(20)1.43
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-2.77
10 Day High39.81
10 Day Low36.11
20 Day High42.33
20 Day Low35.33
52 Week High69.28
52 Week Low34.13
CS1 End36.24
CR1 Start39.72
Volume & EV
DER(3)0.32%
DER(5)2.82%
Volume61.60K
Volume Incr-12.2%
Vol(5)67.32K
Vol(50)67.20K