Some say ‘there is no bull market without materials and industrials. Today we looked at a specialty chemicals and material company called Hawkins Inc. This stock is a great compounder and a huge momentum play. The stock has returned more than 500% to its investor. This small material cos., which works in the field of specialty chemicals and provides industrial solutions for waste and water management has outperformed the Select Sector Materials sector ETF (
XLB).
IN the ratio chart of
HWKN vs
XLB we see the bullish momentum in favor of
HWKN and its relative outperformance against the Material sector. Recently this momentum has stalled, and the Ratio is below the 20-Day, 50-Day and 100-Day SMA and just hanging above the 200-Day SMA. If this holds, we can accumulate
HWKN at this level as one of the strongest momentum stocks within the materials complex.
IN the ratio chart of
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.