HONGLI GROUP INC (HLP) Stock Technical Analysis
NASDAQ:HLP - Nasdaq - KYG4594M1087 - Common Stock - Currency: USD
Overall HLP gets a technical rating of 3 out of 10. HLP 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
HLP is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When comparing the performance of all stocks over the past year, HLP turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
HLP is part of the Metals & Mining industry. There are 151 other stocks in this industry, HLP did better than 48% of them.
In the last month HLP has a been trading in the 1.19 - 1.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HLP has a bad 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. There is a support zone below the current price at 1.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HLP 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
1.16
1.49
We found 3 important support areas.
- A support zone ranging from 1.26 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.24 from a horizontal line in the daily time frame.
- Support @1.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.40 from a horizontal line in the weekly time frame.
- Resistance @1.45 from a horizontal line in the daily time frame.
- Resistance @1.48 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.09
Mansfield-0.87
10 Day High1.39
10 Day Low1.27
20 Day High1.5
20 Day Low1.19
52 Week High2.25
52 Week Low0.99
Performance
1 Week5.3%
2 Weeks4.51%
1 Month10.32%
3 Month6.92%
6 Month-27.23%
12 Month-14.2%
2 Year-59.94%
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)56.44
LBB1.28
UBB1.41
1.39
+0.07 (+5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.3%
1 Week5.3%
2 Weeks4.51%
1 Month10.32%
3 Month6.92%
6 Month-27.23%
12 Month-14.2%
2 Year-59.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.98%
ATR Inc-17.73%
Range Today0.07
ADR(20)0.08
ADR(20)%5.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.09
Mansfield-0.87
10 Day High1.39
10 Day Low1.27
20 Day High1.5
20 Day Low1.19
52 Week High2.25
52 Week Low0.99
CS1 End1.34
CR1 Start1.4
Volume & EV
DER(3)35.65%
DER(5)23.48%
Volume4.30K
Volume Incr-80.36%
Vol(5)13.12K
Vol(50)48.71K