Houlihan Lokey Technical Analysis (NYSE:HLI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Houlihan Lokey stock price data and volume are plotted in HLI stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Houlihan Lokey. The technical analysis form of Houlihan Lokey stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Houlihan Lokey Moving Average:
Moving averages show the HLI stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling HLI moving average implies that Houlihan Lokey stock price is falling.
Houlihan Lokey Bollinger Bands:
Bollinger bands comprise of a center line usually HLI SMA, and two HLI stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Houlihan Lokey bollinger bands show that the stock price is $35.49, upper band is 22.81, lower band is 21.05, and the average is 21.93.
Houlihan Lokey 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 Houlihan Lokey MACD line is below the signal line.
Houlihan Lokey Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 36.26 is the RSI value of HLI stock. .