HII drops to lowest close since May 29th


Huntington Ingalls Industries (HII) Technical Analysis Report for Jun 14, 2018 | by Techniquant Editorial Team

Highlights

HII closes lower for the 4th day in a row
HII runs into sellers again around 222.44
HII breaks below previous session low
HII falls to lowest close since May 29th

Overview

Moving lower for the 4th day in a row, HII finished Thursday at 219.95 edging lower $0.71 (-0.32%) on low volume. Today's closing price of 219.95 marks the lowest close since May 29th. Closing below Wednesday's low at 220.16, Huntington Ingalls confirms its breakout through the previous session's low having traded $1.34 below it intraday.

Daily Candlestick Chart (HII as at Jun 14, 2018):

Daily technical analysis candlestick chart for Huntington Ingalls Industries (HII) as at Jun 14, 2018

Thursday's trading range was $3.62 (1.63%), that's slightly below last trading month's daily average range of $3.87. Things look different on a weekly scale, where volatility is slightly above the markets average with the monthly volatility being way below average.

Prices are trading close to the key resistance level at 222.73. After having been unable to move above 222.82 in the prior session, the stock ran into sellers again around the same price level today, failing to move higher than 222.44.

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.


Market Conditions for HII as at Jun 14, 2018

Loading Market Conditions for HII (Huntington Ingalls Industries)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Huntington Ingalls Industries traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!