Overall HYLN gets a technical rating of 2 out of 10. HYLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HYLN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.92, a Stop Loss order could be placed below this zone. 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
1.57
5 important support areas can be observed.
- A support zone ranging from 1.91 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.86 from a trend line in the daily time frame.
- Support @1.76 from a horizontal line in the daily time frame.
- A support zone ranging from 1.70 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.59 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.07 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for HYLN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYLN is up. |
| ChartMill Relative Strength | 17.24 | NEGATIVE | HYLN has a low relative strength, it was outperformed by 82.76% 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 | MIXED | The current price of HYLN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.01 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 65.93 | NEUTRAL | The Stochastics value for HYLN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for HYLN suggests high volalility. |
| Average Directional Index/ADX (14) | 8.57 | NEGATIVE | The low ADX value for HYLN suggests a weak or negative trend. |
1.94
-0.04 (-2.02%)
HYLIION HOLDINGS CORP / HYLN FAQ
Can you provide the ChartMill technical rating for HYLIION HOLDINGS CORP?
ChartMill assigns a technical rating of 2 / 10 to HYLN.
What is the current trend direction of HYLIION HOLDINGS CORP (HYLN) stock?
The current trend direction for HYLIION HOLDINGS CORP (HYLN) is Bearish.
What is the RSI signal for HYLIION HOLDINGS CORP (HYLN) stock?
HYLIION HOLDINGS CORP (HYLN) has an RSI value of 52.0105. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HYLIION HOLDINGS CORP?
The short term momentum for HYLIION HOLDINGS CORP (HYLN) is positive.