Structural break signals
HL qualifies for the Red List on decline depth.
The structural read
What price action says about HL.
HL qualifies for the Red List on decline depth — down -43.1% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy. Depth plus recency: this is the pattern many investors call a falling knife.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Upstream TFC read: moderate alignment, current phase weekly. Last bar types — daily 2D (red), weekly 2U (green), monthly 3 (green).
Earnings on file: 2026-02-17. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Basic Materials
47 other Basic Materials tickers are on Broken Stocks.
Worst in sector: METC (-73.7%). Least-bad: OR (-20.0%). See all Basic Materials listings →
Questions about HL
What people ask.
Why is HL on Broken Stocks?
HL qualifies for the Red List on decline depth. It is down -43.1% from its rolling 252-day high of $34.16, set on 2026-01-26 — 108d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for HL?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — HL is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is HL a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. HL is down -43.1% from its 52-week high of $34.16, set 108d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is HL a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is HL trading inside its 52-week range?
At $19.45, HL sits 50.5% of the way from its 52-week low ($4.46) to its 52-week high ($34.17). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has HL been declining?
The current 43.1% decline accrued over 108d, which annualizes to roughly -145.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does HL compare to its sector?
There are 47 other Basic Materials tickers on Broken Stocks: 17 Red, 7 Amber, 23 Watch, with 11 showing recovering structural signals. Median sector decline is -28.3% — HL's decline is deeper than the sector median.
Does HL's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-17) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.