HYLIION HOLDINGS CORP (HYLN) Stock Technical Analysis
NYSEARCA:HYLN - NYSE Arca - US4491091074 - Common Stock - Currency: USD
Taking everything into account, HYLN scores 0 out of 10 in our technical rating. HYLN'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, HYLN is a bad performer in the overall market: 84% of all stocks are doing better.
HYLN is one of the lesser performing stocks in the Electrical Equipment industry. 61% of 94 stocks in the same industry do better.
HYLN 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.
HYLN has an average volume of 2193400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HYLN has a been trading in the 1.30 - 1.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HYLN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for HYLN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.25
1.78
3 important support areas can be observed.
- Support @1.38 from a trend line in the daily time frame.
- A support zone ranging from 1.32 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.26 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @1.52 from a horizontal line in the daily time frame.
- Resistance @1.60 from a trend line in the daily time frame.
- Resistance @1.63 from a horizontal line in the weekly time frame.
- Resistance @1.76 from a trend 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 HYLN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYLN is neutral. |
| ChartMill Relative Strength | 16.18 | NEGATIVE | HYLN has a low relative strength, it was outperformed by 83.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HYLN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.5 | NEUTRAL | The RSI value for HYLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HYLN has a positive trend. |
| Stochastics (14,3) | 75.19 | NEUTRAL | The Stochastics value for HYLN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for HYLN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for HYLN suggests a weak or negative 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)
1.46
+0.03 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.1%
1 Week1.39%
2 Weeks6.57%
1 Month-8.18%
3 Month13.18%
6 Month-34.53%
12 Month-27.72%
2 Year-25.89%
3 Year-62.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.38%
ATR Inc-18.45%
Range Today0.05
ADR(20)0.09
ADR(20)%6.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.18
Mansfield-3.4
10 Day High1.52
10 Day Low1.31
20 Day High1.62
20 Day Low1.31
52 Week High4.1
52 Week Low1.11
CS1 End1.38
CR1 Start1.52
Volume & EV
DER(3)3.43%
DER(5)0.46%
Volume1.40M
Volume Incr-2.04%
Vol(5)948.14K
Vol(50)2.19M