HOLLYSYS AUTOMATION TECHNOLO (HOLI)

VGG456671053 - Common Stock

26.42  +0.01 (+0.04%)

After market: 26.48 +0.06 (+0.23%)

Technical Rating and Analysis

10

Taking everything into account, HOLI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HOLI has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 HOLI is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, HOLI also shows a nice and consistent pattern of rising prices.
HOLI is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. HOLI outperforms 91% of them.
HOLI 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.
HOLI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
HOLI Weekly chart
HOLI Daily chart
Setup Rating and Analysis

7

HOLI has an excellent technical rating, but the quality of the setup is only medium 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

21.20

27.12

We found 3 important support areas.

  • A support zone ranging from 25.99 to 26.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 25.01 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 21.41 to 21.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.45 to 26.85. 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
CRS92.49
Mansfield0.13
10 Day High26.44
10 Day Low25.05
20 Day High26.44
20 Day Low21.44
52 Week High27.26
52 Week Low16.25
Performance
1 Week0.76%
2 Weeks5.64%
1 Month23.17%
3 Month7.62%
6 Month4.06%
12 Month51.75%
2 Year67.53%
3 Year75.2%
5 Year52.81%
10 Year19.66%
15 Year301.52%
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)0.07
RSI(14)75.61
LBB24.63
UBB26.87
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
26.8625.980.88 (3.28%)25.00%
An entry @26.86. This is a Buy Stop order right above the resistance zone.An exit @25.98. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.88 points, which is 3.28%.For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
HOLI Daily chart

HOLLYSYS AUTOMATION TECHNOLO

NASDAQ:HOLI (7/25/2024, 8:00:02 PM)

After market: 26.48 +0.06 (+0.23%)

26.42

+0.01 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.04%
1 Week0.76%
2 Weeks5.64%
1 Month23.17%
3 Month7.62%
6 Month4.06%
12 Month51.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%1.88%
ATR Inc
Range Today0.04
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 High26.44
10 Day Low25.05
20 Day High26.44
20 Day Low21.44
52 Week High27.26
52 Week Low16.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.28M
Volume Incr192.82%
Vol(5)2.06M
Vol(50)662.85K