APRIL SALE: Save over 60% on our Pro Plans!

HLT pushes through 100-day moving average


Technical Analysis Report for HLT - Apr 16, 2018 [1 min read]
Highlights
HLT closes above its opening price after recovering from early selling pressure
HLT pushes through 100-day moving average
HLT ends the day on a bullish note closing near the high of the day
HLT rises to highest close since March 21st
HLT stuck within tight trading range
TQ Sentiment
Technical Forecast:
Overview

HLT finished Monday at 80.53 gaining $0.92 (1.16%). Today's closing price of 80.53 marks the highest close since March 21st. Trading up to $0.49 lower after the open, Hilton Worldwide managed to reverse during the session as bulls took control ending the day above its opening price. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range in a lackluster session. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily chart for HLT
Volatility

Monday's trading range was $1.07 (1.34%), that's below last trading month's daily average range of $1.99. Things look different on a weekly scale, where volatility is way above the markets average with the monthly volatility being slightly above average. Prices continued to consolidate within a tight trading range between 78.25 and 81.33 which it has been in now for the last three days.

Price Action

During the whole day, prices traded within the prior day's range, unable to trade above the previous day's high or below the prior day's low forming an Inside Bar.

Support/Resistance

Prices are trading close to the key resistance level at 81.80.

Trend

The market shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish. The stock managed to break above the 100-day moving average at 80.29 today for the first time since March 26th.

Order Flow

Buying might speed up should prices move above the nearby swing high at 81.33 where further buy stops could get triggered. Further buying might move prices higher should the market test March's close-by high at 82.54.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Report Market Conditions
ConditionForecastDirectionWinAvgWorstBest
Bullish Break through SMA 100 TQ Pro Members Only
Close to R1 Resistance TQ Pro Members Only
Bullish Intraday Reversal TQ Pro Members Only
Close to Swing High TQ Pro Members Only
Up Close near high of period TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Latest Report:

HLT finds buyers at key support level

Apr 24, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Hilton Worldwide Holdings Inc traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

ETHUSD 706.3763.66 9.90%
BTCUSD 9,656.35704.38 7.87%
NATGAS 2.8110.032 1.15%
GOLD 1,332.25.6 0.42%
GBPUSD 1.39770.0039 0.28%
DXY 90.540-0.165 -0.18%
NKY 22,215.32-62.80 -0.28%
TBOND 142.344-0.594 -0.42%
FTSE 7,379.32-46.08 -0.62%
HSI 30,327.77-308.47 -1.01%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.