Is Horizon Kinetics Holding Corp. technically bullish or bearish?
As of October 1, 2023, Horizon Kinetics Holding Corp. shows a mixed technical stance leaning bearish, with conflicting signals across various indicators, despite a strong 74.39% return over the past year compared to the S&P 500's 17.14%.
As of 1 October 2023, the technical stance for Horizon Kinetics Holding Corp. is mixed but leans bearish overall. The weekly MACD is mildly bearish, while the monthly MACD is bullish, indicating conflicting signals. The weekly RSI is bullish, but the monthly RSI shows no signal. Bollinger Bands present a bearish outlook on the weekly chart and a bullish one on the monthly chart. Moving averages are bullish on the daily timeframe, but Dow Theory indicates bearish trends on both weekly and monthly scales. The KST is mildly bearish for both weekly and monthly periods, and the OBV shows a mildly bearish trend on the monthly basis.In terms of performance, the stock has returned 74.39% over the past year, significantly outperforming the S&P 500's 17.14% return, but it has lagged behind the index in the 5-year and 10-year periods. Overall, the mixed indicators suggest a cautious approach.
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