Our Analysis of Hurco Companies, Inc. (NASDAQ:HURC) (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how HURC has been trading over the last 2 weeks and the past day especially. On its latest session, Hurco Companies, Inc. (NASDAQ:HURC) opened at 36.5, reaching a high of 36.5 and a low of 34.6161 before closing at a price of 35.28. There was a total volume of 56150.

VOLUME INDICATORS FOR HURCO COMPANIES, INC. (NASDAQ:HURC): We saw an accumulation-distribution index of 641.55783, an on-balance volume of 37.79, chaikin money flow of 3.53028 and a force index of 10.29921. There was an ease of movement rating of -0.01226, a volume-price trend of 0.73621 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR HURCO COMPANIES, INC. (NASDAQ:HURC): We noted an average true range of 0.39718, bolinger bands of 40.57677, an upper bollinger band of 31.76933, lower bollinger band of 34.6161, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 35.87203, high band keltner channel of 35.87203, low band keltner channel of 35.87203, 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 34.6161, a donchian channel low band of 34.6161, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR HURCO COMPANIES, INC. (NASDAQ:HURC): We calculated a Moving Average Convergence Divergence (MACD) of 0.06986, a MACD signal of 0.03881, a MACD difference of 0.03105, a fast Exponential Moving Average (EMA) indicator of 34.6161, a slow Exponential Moving Average (EMA) indicator of 34.6161, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.25476, a trix of -0.61377, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.71207, a KST Oscillator (KST) of 21.00267 and a KST Oscillator (KST Signal) of 21.00267 (leaving a KST difference of 22.96114). We also found an Ichimoku rating of 36.5, an Ichimoku B rating of 36.5, a Ichimoku visual trend A of 34.76448, an Ichimoku visual trend B of 35.73775, 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 HURCO COMPANIES, INC. (NASDAQ:HURC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 27.42996, 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 0.33967.

RETURNS FOR HURCO COMPANIES, INC. (NASDAQ:HURC): There was a daily return of 2.10027, a daily log return of 8.61366 and a cumulative return of 8.99553.

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 2020-01-06 (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 Hurco Companies, Inc. (NASDAQ:HURC)…

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 Hurco Companies, Inc. (NASDAQ:HURC) 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.