HENNESSY CAPITAL INVESTMEN-A (HCIC)

US42589T1079 - Common Stock

10.05  0 (0%)

After market: 10.05 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to HCIC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HCIC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HCIC is one of the better performing stocks in the market, outperforming 76% of all stocks.
HCIC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HCIC has a been trading in a tight range between 9.96 and 10.06.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HCIC Weekly chart
HCIC Daily chart
Setup Rating and Analysis

8

HCIC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

9.59

10.16

When analyzing the support we notice one important area.

  • A support zone ranging from 9.69 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 10.06 to 10.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.14
Mansfield0.77
10 Day High10.06
10 Day Low9.96
20 Day High10.06
20 Day Low9.96
52 Week High10.06
52 Week Low9.7
Performance
1 Week0.1%
2 Weeks0%
1 Month0.5%
3 Month1.93%
6 Month2.24%
12 Month2.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.64
LBB9.99
UBB10.08
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
10.079.950.12 (1.19%)25.00%
An entry @10.07. This is a Buy Stop order right above the resistance zone.An exit @9.95. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.12 points, which is 1.19%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%.

  • 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.
HCIC Daily chart

HENNESSY CAPITAL INVESTMEN-A

NASDAQ:HCIC (12/21/2022, 8:00:02 PM)

After market: 10.05 0 (0%)

10.05

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0%
1 Month0.5%
3 Month1.93%
6 Month2.24%
12 Month2.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.22%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.06
10 Day Low9.96
20 Day High10.06
20 Day Low9.96
52 Week High10.06
52 Week Low9.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.80K
Volume Incr-81.54%
Vol(5)48.20K
Vol(50)165.93K