HOUR LOOP INC (HOUR) Stock Technical Analysis
NASDAQ:HOUR - Nasdaq - US44170P1066 - Common Stock - Currency: USD
Overall HOUR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HOUR is showing a nice and steady performance.
HOUR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
The long and short term trends are both positive. This is looking good!
HOUR is one of the better performing stocks in the Broadline Retail industry, it outperforms 96% of 32 stocks in the same industry.
HOUR has an average volume of 2284480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HOUR is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month HOUR has a been trading in the 1.90 - 3.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HOUR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
More info and screens
1.31
2.42
3 important support areas can be observed.
- A support zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.32 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @2.40 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
CRS95.83
Mansfield5.7
10 Day High3.45
10 Day Low1.9
20 Day High3.45
20 Day Low1.9
52 Week High6.9
52 Week Low0.83
Performance
1 Week21.76%
2 Weeks12.98%
1 Month-6.75%
3 Month75.37%
6 Month113.64%
12 Month81.44%
2 Year5.86%
3 Year3.52%
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)0.01
RSI(14)55.6
LBB1.88
UBB2.42
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.41 | 2.03 | 0.38 (15.77%) | 6.34% |
| An entry @2.41. This is a Buy Stop order right above the resistance zone. | An exit @2.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 15.77%. | When investing 6.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HOUR. Please evaluate whether better entry and exit points can be found.
- 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.
HOUR LOOP INC
NASDAQ:HOUR (2/5/2025, 8:05:21 PM)
After market: 2.37 +0.02 (+0.85%)2.35
+0.03 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.29%
1 Week21.76%
2 Weeks12.98%
1 Month-6.75%
3 Month75.37%
6 Month113.64%
12 Month81.44%
2 Year5.86%
3 Year3.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%13.88%
ATR Inc-7.5%
Range Today0.27
ADR(20)0.32
ADR(20)%13.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.83
Mansfield5.7
10 Day High3.45
10 Day Low1.9
20 Day High3.45
20 Day Low1.9
52 Week High6.9
52 Week Low0.83
CS1 End2.05
CR1 Start2.4
Volume & EV
DER(3)-4.89%
DER(5)-4.13%
Volume93.00K
Volume Incr-39.61%
Vol(5)248.86K
Vol(50)2.28M