Taking everything into account, HYLN scores 2 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.
HYLN has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
1.57
We found 4 important support areas.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for HYLN is neutral. |
| ChartMill Relative Strength | 16.09 | NEGATIVE | HYLN has a low relative strength, it was outperformed by 83.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HYLN is below the rising 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) | UP | POSITIVE | The current price of HYLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.36 | NEUTRAL | The RSI value for HYLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HYLN has a positive trend. |
| Stochastics (14,3) | 19.36 | OVERSOLD | The low Stochastics value suggests HYLN may be oversold. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for HYLN suggests high volalility. |
| Average Directional Index/ADX (14) | 10.27 | NEGATIVE | The low ADX value for HYLN suggests a weak or negative trend. |
1.86
+0.04 (+2.2%)
ChartMill assigns a technical rating of 2 / 10 to HYLN.
The current trend direction for HYLIION HOLDINGS CORP (HYLN) is Bearish.
HYLIION HOLDINGS CORP (HYLN) has an RSI value of 48.3563. This indicates that the stock is currently neutral.
The short term momentum for HYLIION HOLDINGS CORP (HYLN) is neutral.