Hyliion Holdings Corp Stock Technical Analysis

HYLN Stock  USD 1.26  0.04  3.28%   
As of the 29th of April, Hyliion Holdings retains the Risk Adjusted Performance of 0.0451, market risk adjusted performance of 0.0924, and Downside Deviation of 4.96. Hyliion Holdings technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Hyliion Holdings Corp, which can be compared to its competitors. Please check out Hyliion Holdings Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Hyliion Holdings is priced fairly, providing market reflects its last-minute price of 1.26 per share. Given that Hyliion Holdings Corp is a hitting penny stock territory we urge to closely look at its total risk alpha.

Hyliion Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hyliion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hyliion
  
Hyliion Holdings' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hyliion Holdings Analyst Consensus

Target PriceAdvice# of Analysts
2.01Hold1Odds
Hyliion Holdings Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hyliion analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hyliion stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hyliion Holdings Corp, talking to its executives and customers, or listening to Hyliion conference calls.
Hyliion Analyst Advice Details
Hyliion Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hyliion Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hyliion Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hyliion Holdings Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hyliion Holdings Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hyliion Holdings Corp Trend Analysis

Use this graph to draw trend lines for Hyliion Holdings Corp. You can use it to identify possible trend reversals for Hyliion Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hyliion Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hyliion Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hyliion Holdings Corp applied against its price change over selected period. The best fit line has a slop of    , which means Hyliion Holdings Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Hyliion Holdings price change compared to its average price change.

About Hyliion Holdings Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hyliion Holdings Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hyliion Holdings Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hyliion Holdings Corp price pattern first instead of the macroeconomic environment surrounding Hyliion Holdings Corp. By analyzing Hyliion Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hyliion Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hyliion Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover0.373.141.241.23
Days Of Inventory On Hand15.23.087.0E-56.6E-5

Hyliion Holdings April 29, 2024 Technical Indicators

Most technical analysis of Hyliion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hyliion from various momentum indicators to cycle indicators. When you analyze Hyliion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Hyliion Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyliion Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hyliion Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyliion Holdings Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyliion Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Hyliion Stock analysis

When running Hyliion Holdings' price analysis, check to measure Hyliion Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hyliion Holdings is operating at the current time. Most of Hyliion Holdings' value examination focuses on studying past and present price action to predict the probability of Hyliion Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyliion Holdings' price. Additionally, you may evaluate how the addition of Hyliion Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Hyliion Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyliion Holdings. If investors know Hyliion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyliion Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.68)
Revenue Per Share
0.004
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.20)
Return On Equity
(0.34)
The market value of Hyliion Holdings Corp is measured differently than its book value, which is the value of Hyliion that is recorded on the company's balance sheet. Investors also form their own opinion of Hyliion Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hyliion Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyliion Holdings' market value can be influenced by many factors that don't directly affect Hyliion Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyliion Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyliion Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyliion Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.