MARINEMAX INC (HZO) Stock Technical Analysis
NYSE:HZO • US5679081084
Taking everything into account, HZO scores 6 out of 10 in our technical rating. HZO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- HZO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HZO is lagging the market slightly.
- When comparing the performance of all stocks over the past year, HZO turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- HZO is an average performer in the Specialty Retail industry, it outperforms 61% of 121 stocks in the same industry.
- In the last month HZO has a been trading in the 23.84 - 31.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HZO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for HZO 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
24.15
3 important support areas can be observed.
- A support zone ranging from 27.03 to 27.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.31 to 25.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.39 to 24.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @29.98 from a horizontal 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 | UP | POSITIVE | The long term trend for HZO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HZO is neutral. |
| ChartMill Relative Strength | 69.01 | NEUTRAL | HZO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HZO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HZO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HZO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.76 | NEUTRAL | The RSI value for HZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests HZO has a negative trend. |
| Stochastics (14,3) | 56.23 | NEUTRAL | The Stochastics value for HZO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for HZO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for HZO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.99 | 27.84 | 2.15 (7.17%) | 13.95% |
| An entry @29.99. This is a Buy Stop order right above the resistance zone. | An exit @27.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.15 points, which is 7.17%. | When investing 13.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HZO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.44
-0.25 (-0.87%)
MARINEMAX INC / HZO FAQ
Can you provide the ChartMill technical rating for MARINEMAX INC?
ChartMill assigns a technical rating of 6 / 10 to HZO.
What is the current trend direction of MARINEMAX INC (HZO) stock?
The current trend direction for MARINEMAX INC (HZO) is Bullish.
Can you provide the RSI signal for MARINEMAX INC?
MARINEMAX INC (HZO) has an RSI value of 50.7622. This indicates that the stock is currently neutral.
What is the short term momentum for HZO stock?
The short term momentum for MARINEMAX INC (HZO) is neutral.