The Greedy Trader Weekly Analysis
Sign In Nov 22, 2024
Skip Navigation Links
Share
Number of records: 4
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Aerospace & Defense Industry Stocks Technical Analysis - HII

Archive
- 11/15/2024 -
Sign In to see current Signals.

Huntington (HII) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversoldTrend support at 202.57
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaPrice is near the Fibonacci 61.8% retracement levelThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Huntington (HII). During the week, the HII dropped -9.10 points, or -4.49%, and closed at 193.60 on Friday, November 15, 2024. Weekly volume was 56% above average.

HII is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See HII long-term trend chart]
A long-term uptrend had started on November 30, 2021 at 175.50 and reached 299.50 on March 5, 2024. HII gained -124.00 points, or -70.66%, in 118 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (202.57) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See HII medium-term trend chart]
A medium-term downtrend had started on August 1, 2024 at 285.81 and reached 184.30 on October 31, 2024. HII lost 101.51 points, or 35.52%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (245.81) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See HII weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since September 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See HII short-term trend chart]
A short-term uptrend had started on October 31, 2024 at 184.30 and reached 209.50 on November 6, 2024. HII gained -25.20 points, or -13.67%, in 6 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See HII daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since October 23, 2024. The distance between MACD and the signal line is low and getting smaller.

The distance between the Bollinger Bands is 442.23% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 23.36
Williams' Percentage Range (W%R) 86.50
Oversold
Lane's Stochastic (%D-Slow) 45.97
Greed/Fear Indicator (GFI) 27.61
Moving Average Converg./Diverg. (MACD) -14.92
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.15
Williams' Percentage Range (W%R) 89.50
Oversold
Lane's Stochastic (%D-Slow) 20.73
Greed/Fear Indicator (GFI) 21.20
Moving Average Converg./Diverg. (MACD) -2.03
Trading Signals
Description Value Chart
Upper Bollinger Band 275.12
50 Day Moving Average 245.02
20 Day Moving Average 220.43
Parabolic System 212.69
Yearly Trendline Support 202.57
Daily Stochastic Crossing 200.88
Weekly Stochastic Crossing 198.94
Price 193.60
Lower Bollinger Band 159.13
Sector and Industry
Description Name Rank
Sector Industrials 10
Industry Aerospace & Defense 24
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 184.30
Low Date 10/31/2024
High 209.50
High Date 11/06/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 285.43
High Date 08/29/2024
Low 184.30
Low Date 10/31/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 251.06
Support 245.81
High 285.81
High Date 08/01/2024
Low 184.30
Low Date 10/31/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 299.50
High Date 03/05/2024
Low 184.30
Low Date 10/31/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 320.48
Support 202.57
Low 175.50
Low Date 11/30/2021
High 299.50
High Date 03/05/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.