HENNESSY ADVISORS INC (HNNA) Stock Technical Analysis
NASDAQ:HNNA - Nasdaq - US4258851009 - Common Stock - Currency: USD
Taking everything into account, HNNA scores 4 out of 10 in our technical rating. Although HNNA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month HNNA has a been trading in the 10.80 - 13.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: HNNA has an average volume of 13024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that HNNA is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, HNNA also shows a nice and consistent pattern of rising prices.
HNNA is part of the Capital Markets industry. There are 225 other stocks in this industry. HNNA outperforms 93% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
HNNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HNNA is lagging the market slightly.
HNNA has an average technical rating and it also does not offer a high 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.
More info and screens
10.77
13.01
4 important resistance areas can be observed.
- A resistance zone ranging from 10.91 to 11.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.76 to 12.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.64 from a horizontal line in the daily time frame.
- Resistance @12.88 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
CRS93.37
Mansfield1.28
10 Day High13.12
10 Day Low10.8
20 Day High13.12
20 Day Low10.8
52 Week High13.88
52 Week Low6.6
Performance
1 Week-8.02%
2 Weeks-8.55%
1 Month-8.24%
3 Month1.32%
6 Month15.64%
12 Month67.26%
2 Year32.5%
3 Year10.09%
5 Year9.66%
10 Year7.94%
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)-0.14
RSI(14)36.2
LBB10.86
UBB12.9
NASDAQ:HNNA (3/3/2025, 3:43:54 PM)
10.8819
-0.25 (-2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.23%
1 Week-8.02%
2 Weeks-8.55%
1 Month-8.24%
3 Month1.32%
6 Month15.64%
12 Month67.26%
2 Year32.5%
3 Year10.09%
5 Year9.66%
10 Year7.94%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.34%
ATR Inc-41.26%
Range Today0
ADR(20)0.44
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.37
Mansfield1.28
10 Day High13.12
10 Day Low10.8
20 Day High13.12
20 Day Low10.8
52 Week High13.88
52 Week Low6.6
CS1 End11.12
CR1 Start11.76
Volume & EV
DER(3)4.05%
DER(5)-6.48%
Volume1
Volume Incr174.75%
Vol(5)17.90K
Vol(50)13.02K