Overall HYLN gets a technical rating of 4 out of 10. In the last year, HYLN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HYLN has an average technical rating and the quality of the presented setup is also not ideal 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.
1.57
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | 24.34 | NEGATIVE | HYLN has a low relative strength, it was outperformed by 75.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYLN is above 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) | UP | POSITIVE | The current price of HYLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.93 | NEUTRAL | The RSI value for HYLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HYLN has a positive trend. |
| Stochastics (14,3) | 74.76 | NEUTRAL | The Stochastics value for HYLN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for HYLN suggests some volalility. |
| Average Directional Index/ADX (14) | 9.25 | NEGATIVE | The low ADX value for HYLN suggests a weak or negative trend. |
2.08
+0.1 (+5.05%)
ChartMill assigns a technical rating of 4 / 10 to HYLN.
The current trend direction for HYLIION HOLDINGS CORP (HYLN) is Bearish.
HYLIION HOLDINGS CORP (HYLN) has an RSI value of 60.9329. This indicates that the stock is currently neutral.
The short term momentum for HYLIION HOLDINGS CORP (HYLN) is positive.