HYLIION HOLDINGS CORP (HYLN) Stock Technical Analysis
NYSEARCA:HYLN - NYSE Arca - US4491091074 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HYLN. 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.
87% of all other stocks performed better in the past year than HYLN.
HYLN is one of the lesser performing stocks in the Electrical Equipment industry. 66% of 93 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.
In the last month HYLN has a been trading in the 1.40 - 1.85 range, which is quite wide. It is currently trading near the lows of this range.
HYLN has an average volume of 1039950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
HYLN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.28
1.76
5 important support areas can be observed.
- A support zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.43 from a trend line in the daily time frame.
- Support @1.39 from a horizontal line in the weekly time frame.
- Support @1.32 from a horizontal line in the daily time frame.
- Support @1.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.54 from a horizontal line in the daily time frame.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @1.70 from a horizontal line in the weekly time frame.
- Resistance @1.74 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 | 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 | 13.36 | NEGATIVE | HYLN has a low relative strength, it was outperformed by 86.64% 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 | MIXED | The current price of HYLN is above 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) | 50.24 | NEUTRAL | The RSI value for HYLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HYLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.44 | NEUTRAL | The Stochastics value for HYLN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for HYLN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.58 | 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)
1.53
+0.04 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.68%
1 Week9.29%
2 Weeks-10%
1 Month4.79%
3 Month-6.13%
6 Month-23.88%
12 Month-25.73%
2 Year25.41%
3 Year-56.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.79%
ATR Inc-35.58%
Range Today0.08
ADR(20)0.1
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.36
Mansfield-3.02
10 Day High1.73
10 Day Low1.4
20 Day High1.85
20 Day Low1.4
52 Week High4.1
52 Week Low1.11
CS1 End1.52
CR1 Start1.54
Volume & EV
DER(3)0.9%
DER(5)7.14%
Volume727.09K
Volume Incr-17.57%
Vol(5)758.40K
Vol(50)1.04M