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HELIOGEN INC (HLGN) Stock Technical Analysis

NYSE:HLGN - New York Stock Exchange, Inc. - US42329E2046 - Common Stock - Currency: USD

2.45  +0.1 (+4.26%)

Technical Rating and Analysis

0

Taking everything into account, HLGN scores 0 out of 10 in our technical rating. HLGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than HLGN.
HLGN is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 88% are performing better than HLGN.
HLGN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month HLGN has a been trading in the 1.63 - 3.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HELIOGEN INC / HLGN Weekly stock chart
HELIOGEN INC / HLGN Daily stock chart
Setup Rating and Analysis

3

The technical rating of HLGN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

2.43

3.63

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.54 to 2.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.59 from a trend line in the daily time frame.
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
CRS1.27
Mansfield-8.1
10 Day High2.76
10 Day Low1.63
20 Day High3.08
20 Day Low1.63
52 Week High40.42
52 Week Low1.63
Performance
1 Week25.64%
2 Weeks13.95%
1 Month-18.06%
3 Month-67.7%
6 Month-75.9%
12 Month-93.27%
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)0.17
RSI(14)46.36
LBB1.51
UBB2.63
HELIOGEN INC / HLGN Daily stock chart

HELIOGEN INC

NYSE:HLGN (11/7/2023, 8:04:01 PM)

2.45

+0.1 (+4.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg4.26%
1 Week25.64%
2 Weeks13.95%
1 Month-18.06%
3 Month-67.7%
6 Month-75.9%
12 Month-93.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%11.32%
ATR Inc33.61%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.27
Mansfield-8.1
10 Day High2.76
10 Day Low1.63
20 Day High3.08
20 Day Low1.63
52 Week High40.42
52 Week Low1.63
CS1 EndN/A
CR1 Start2.54
Volume & EV
DER(3)3.06%
DER(5)8.23%
Volume14.20K
Volume Incr1.04%
Vol(5)44.22K
Vol(50)203.51K