HAYMAKER ACQUISITION CORP 4 (HYAC) Technical Analysis
NYSE:HYAC • KYG4375F1081
Current stock price
HYAC Technical Rating and Analysis
Overall HYAC gets a technical rating of 0 out of 10. HYAC'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.
- When comparing the yearly performance of all stocks, HYAC is a bad performer in the overall market: 78% of all stocks are doing better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- HYAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HYAC is lagging the market.
- In the last month HYAC has a been trading in the 9.67 - 12.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HYAC Weekly and Daily overview Charts
HYAC Setup Rating and Analysis
Although the technical rating is bad, HYAC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.74, a Stop Loss order could be placed below this zone.
More info and screens
HYAC Support and Resistance Analysis
10.63
When analyzing the support we notice one important area.
- Support @10.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.19 to 11.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HYAC 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 | NEUTRAL | NEUTRAL | The long term trend for HYAC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HYAC is down. |
| ChartMill Relative Strength | 22.5 | NEGATIVE | HYAC has a low relative strength, it was outperformed by 77.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.53 | OVERSOLD | The low RSI value suggests HYAC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HYAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.57 | NEUTRAL | The Stochastics value for HYAC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for HYAC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.4 | POSITIVE | The high ADX value value for HYAC suggests a strong trend. |
HYAC Chart- and CandleStick Pattern Analysis
HYAC Technicals: Chart, Performance Metrics, Trend & Indicators
10.75
+0.24 (+2.28%)
HAYMAKER ACQUISITION CORP 4 / HYAC TA FAQ
What is the technical rating for HYAC stock?
ChartMill assigns a technical rating of 0 / 10 to HYAC.
What is the trend direction for HYAC stock?
The current trend direction for HAYMAKER ACQUISITION CORP 4 (HYAC) is Bearish.
What is the RSI signal for HYAC stock?
HAYMAKER ACQUISITION CORP 4 (HYAC) has an RSI value of 29.5267. This indicates that the stock is currently oversold.
What is the short term momentum for HAYMAKER ACQUISITION CORP 4 (HYAC) stock?
The short term momentum for HAYMAKER ACQUISITION CORP 4 (HYAC) is negative.