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Archive - 4/26/2024 - Sign In to see current Signals. |
Hilton Worldwide Holdings Inc. (HLT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Hilton Worldwide Holdings Inc. (HLT). During the week, the HLT gained 7.65 points, or 3.93%, and closed at 202.12 on Friday, April 26, 2024. Weekly volume was 34% above average. Long-term trend: [See HLT long-term trend chart] A long-term uptrend had started on July 6, 2022 at 108.41 and reached 215.79 on March 28, 2024. HLT gained -107.38 points, or -99.05%, in 90 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (163.57) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a long-term trend. Medium-term trend: [See HLT medium-term trend chart] A medium-term downtrend had started on March 28, 2024 at 215.79 and reached 193.86 on April 19, 2024. HLT lost 21.93 points, or 10.16%, in 3 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level. Weekly Technical Indicators: [See HLT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 12, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See HLT short-term trend chart] A short-term uptrend had started on April 19, 2024 at 193.86 and reached 210.34 on April 24, 2024. HLT gained -16.48 points, or -8.50%, in 5 days. The price is now at the 49.88% retracement level. Daily Technical Indicators: [See HLT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 Lane's Stochastic help. The daily MACD line is below its signal line since April 1, 2024. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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