Technical Analysis for HZAC - Horizon Acquisition Corporation

Grade Last Price % Change Price Change
A 12.03 6.65% 0.75
HZAC closed up 6.65 percent on Friday, October 15, 2021, on 1.72 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical HZAC trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 6.65%
Older End-of-Day Signals for HZAC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High 3 days ago
New 52 Week High 3 days ago
Up 5% 3 days ago
Up 3% 3 days ago
Up 2 ATRs 3 days ago
View Earlier Intraday Alerts

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Profile

Horizon Acquisition Corp. operates as a blank check company. It is incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on June 12, 2020 and is headquartered in Greenwich, CT.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Private Equity Reverse Takeover

Is HZAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.28
52 Week Low 9.285
Average Volume 638,394
200-Day Moving Average 10.13
50-Day Moving Average 10.03
20-Day Moving Average 10.16
10-Day Moving Average 10.35
Average True Range 0.24
ADX 48.23
+DI 64.71
-DI 4.15
Chandelier Exit (Long, 3 ATRs) 11.56
Chandelier Exit (Short, 3 ATRs) 10.52
Upper Bollinger Bands 11.20
Lower Bollinger Band 9.13
Percent B (%b) 1.4
BandWidth 20.33
MACD Line 0.27
MACD Signal Line 0.08
MACD Histogram 0.1824
Fundamentals Value
Market Cap 654.41 Million
Num Shares 54.4 Million
EPS
Price-to-Sales 0.00
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.59
Resistance 3 (R3) 13.50 12.89 13.33
Resistance 2 (R2) 12.89 12.49 12.94 13.24
Resistance 1 (R1) 12.46 12.25 12.68 12.55 13.16
Pivot Point 11.85 11.85 11.96 11.90 11.85
Support 1 (S1) 11.42 11.45 11.64 11.51 10.90
Support 2 (S2) 10.81 11.21 10.86 10.82
Support 3 (S3) 10.38 10.81 10.73
Support 4 (S4) 10.47