NYSE:HBB - New York Stock Exchange, Inc. - US40701T1043 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HBB. HBB 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.
Although the technical rating is bad, HBB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.48. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HBB in the last couple of days, which is a good sign.
15.35
4 important support areas can be observed.
We can see 2 important resistance areas.
17.83
-0.13 (-0.72%)