HYLIION HOLDINGS CORP (HYLN) Technical Analysis
NYSEARCA:HYLN • US4491091074
Current stock price
HYLN Technical Rating and Analysis
Overall HYLN gets a technical rating of 1 out of 10. HYLN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month HYLN has a been trading in the 1.83 - 2.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that HYLN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- HYLN is part of the Electrical Equipment industry. There are 91 other stocks in this industry, HYLN did better than 54% of them.
- HYLN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HYLN is lagging the market slightly.
HYLN Weekly and Daily overview Charts
HYLN Setup Rating and Analysis
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 support zone below the current price at 1.90, a Stop Loss order could be placed below this zone.
More info and screens
HYLN Support and Resistance Analysis
1.57
When analyzing the support we can see 4 important areas.
- Support @1.82 from a horizontal line in the daily time frame.
- Support @1.78 from a trend line in the daily time frame.
- Support @1.64 from a trend line in the daily time frame.
- Support @1.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.90 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.99 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.20 from a trend line in the daily time frame.
- Resistance @2.27 from a horizontal line in the daily time frame.
HYLN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for HYLN is down. |
| ChartMill Relative Strength | 73.89 | POSITIVE | HYLN has a high relative strength, it outperformed 73.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYLN is below 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) | UP | POSITIVE | The current price of HYLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | 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. |
| Stochastics (14,3) | 17.02 | OVERSOLD | The low Stochastics value suggests HYLN may be oversold. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for HYLN suggests high volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for HYLN suggests a weak or negative trend. |
HYLN Chart- and CandleStick Pattern Analysis
HYLN Technicals: Chart, Performance Metrics, Trend & Indicators
1.9
-0.01 (-0.52%)
HYLIION HOLDINGS CORP / HYLN TA FAQ
Can you provide the ChartMill technical rating for HYLIION HOLDINGS CORP?
ChartMill assigns a technical rating of 1 / 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 42.9203. 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 negative.