Hecla Mining Technical Analysis (NYSE:HL)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Hecla Mining stock price data and volume are plotted in HL stock charts and these trading charts form the basis of technical analysis.
See Hecla Mining bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Hecla Mining stock analysis that does not care for the fair value of a company but uses price and volume data only.
Hecla Mining Moving Average
Moving averages show the HL stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $3.87 is below the last closing price of $3.98 and the 50 day moving average of $3.95 is below the last closing price of $3.98. The 10 and 20 day periods can predict short term moving average trends.
Hecla Mining Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hecla Mining. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $3.98 is in the upper range of Hecla Mining bollinger bands.
Hecla Mining Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Hecla Mining MACD indicator can be used to identify bullish and bearish trends for the stock.
Hecla Mining Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 54.84 is the RSI value of HL stock.