REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how HCACU has been trading over the last 2 weeks and the past day especially. On its latest session, Hennessy Capital Acquisition Corp. IV ($HCACU) opened at 10.74, reaching a high of 10.75 and a low of 10.74 before closing at a price of 10.74. There was a total volume of 1924.0.
VOLUME INDICATORS FOR HENNESSY CAPITAL ACQUISITION CORP. IV ($HCACU): We saw an accumulation-distribution index of 3.58, an on-balance volume of 10.74, chaikin money flow of 0.5 and a force index of 0.1075. There was an ease of movement rating of -0.01, a volume-price trend of nan and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR HENNESSY CAPITAL ACQUISITION CORP. IV ($HCACU): We noted an average true range of 5.375, bolinger bands of 20.55865, an upper bollinger band of -9.81865, lower bollinger band of 5.37, a bollinger high band indicator of nan, bollinger low band indicator of nan, a central keltner channel of 5.37167, high band keltner channel of 5.36667, low band keltner channel of 5.37667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 10.74, a donchian channel low band of nan, a donchian channel high band indicator of nan, and a donchian channel low band indicator of nan.
TREND INDICATORS FOR HENNESSY CAPITAL ACQUISITION CORP. IV ($HCACU): We calculated a Moving Average Convergence Divergence (MACD) of 0.24096, a MACD signal of 0.13387, a MACD difference of 0.10709, a fast Exponential Moving Average (EMA) indicator of 5.8175, a slow Exponential Moving Average (EMA) indicator of 5.57654, an Average Directional Movement Index (ADX) of unknown, an ADX positive of unknown, an ADX negative of unknown, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of nan, a trix of -100.0, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 7.16333, a KST Oscillator (KST) of -1000.0 and a KST Oscillator (KST Signal) of -1000.0 (leaving a KST difference of 374.8255). We also found an Ichimoku rating of 5.37, an Ichimoku B rating of 5.37, a Ichimoku visual trend A of 3.58167, an Ichimoku visual trend B of 3.58167, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR HENNESSY CAPITAL ACQUISITION CORP. IV ($HCACU): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.0, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 59.98883, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of nan.
RETURNS FOR HENNESSY CAPITAL ACQUISITION CORP. IV ($HCACU): There was a daily return of -100.0, a daily log return of 0.09307 and a cumulative return of nan.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Hennessy Capital Acquisition Corp. IV ($HCACU)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Hennessy Capital Acquisition Corp. IV ($HCACU) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.