Houston Wire Cable (HWCC) Stock Technical Analysis
NASDAQ:HWCC - Nasdaq -
We assign a technical rating of 10 out of 10 to HWCC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HWCC is showing a nice and steady performance.
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 HWCC is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by HWCC over the past year are nicely spread over this period.
HWCC is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 89% of 48 stocks in the same industry.
HWCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HWCC is lagging the market slightly.
HWCC 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.
In the last month HWCC has a been trading in a tight range between 5.25 and 5.30.
Besides having an excellent technical rating, HWCC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.10
5.39
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.22 to 5.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.81 from a trend line in the daily time frame.
- Support @4.70 from a trend line in the weekly time frame.
- Support @4.41 from a trend line in the daily time frame.
- Support @3.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.32 to 5.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.88
Mansfield3.29
10 Day High5.3
10 Day Low5.27
20 Day High5.3
20 Day Low5.25
52 Week High5.68
52 Week Low2.1
Performance
1 Week0.38%
2 Weeks0.57%
1 Month0.57%
3 Month40.21%
6 Month99.25%
12 Month112%
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)-0.01
RSI(14)65.17
LBB5.26
UBB5.3
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 |
|---|---|---|---|
| 5.31 | 5.26 | 0.05 (0.94%) | 25.00% |
| An entry @5.31. This is a Buy Stop order right above the 10 day high. | An exit @5.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 0.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- 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.
5.3
+0.01 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.19%
1 Week0.38%
2 Weeks0.57%
1 Month0.57%
3 Month40.21%
6 Month99.25%
12 Month112%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.35%
ATR Inc-15.7%
Range Today0.01
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
CRS88.88
Mansfield3.29
10 Day High5.3
10 Day Low5.27
20 Day High5.3
20 Day Low5.25
52 Week High5.68
52 Week Low2.1
CS1 End5.28
CR1 Start5.32
Volume & EV
DER(3)0.03%
DER(5)-3.1%
Volume11.40K
Volume Incr9.45%
Vol(5)53.86K
Vol(50)75.92K