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Huaneng Power International Inc (HNP) Stock Technical Analysis

NYSE:HNP - New York Stock Exchange, Inc. - US4433041005 - ADR

21.51  +0.41 (+1.94%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to HNP. Although HNP has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

Warning: HNP has an average volume of 24944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, HNP did better than 98% of all other stocks.
HNP is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 94% of 19 stocks in the same industry.
In the last month HNP has a been trading in the 16.82 - 21.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HNP 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 HNP is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
Huaneng Power International Inc / HNP Weekly stock chart
Huaneng Power International Inc / HNP Daily stock chart
Setup Rating and Analysis

2

Although HNP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

16.63

21.74

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 18.95 to 19.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.87 from a horizontal line in the daily time frame.
  • Support @17.57 from a trend line in the weekly time frame.
  • A support zone ranging from 17.21 to 17.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.80 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 21.52 to 21.52. 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
CRS98.48
Mansfield2.28
10 Day High21.85
10 Day Low18.4
20 Day High21.85
20 Day Low16.82
52 Week High28.77
52 Week Low13.05
Performance
1 Week12.5%
2 Weeks13.33%
1 Month1.27%
3 Month21.87%
6 Month-4.19%
12 Month55.08%
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)0.3
RSI(14)65.13
LBB17.11
UBB21.5
Huaneng Power International Inc / HNP Daily stock chart

Huaneng Power International Inc

NYSE:HNP (7/7/2022, 9:41:55 PM)

21.51

+0.41 (+1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.94%
1 Week12.5%
2 Weeks13.33%
1 Month1.27%
3 Month21.87%
6 Month-4.19%
12 Month55.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%4.26%
ATR Inc22.14%
Range Today0.82
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
CRS98.48
Mansfield2.28
10 Day High21.85
10 Day Low18.4
20 Day High21.85
20 Day Low16.82
52 Week High28.77
52 Week Low13.05
CS1 End19.39
CR1 Start21.52
Volume & EV
DER(3)0.94%
DER(5)-1.79%
Volume97.50K
Volume Incr220.84%
Vol(5)81.22K
Vol(50)24.94K