Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.


HEALTHEQUITY INC

Nasdaq / Health Care / Health Care Providers & Services

Technical Rating and Analysis

5

Taking everything into account, HQY scores 5 out of 10 in our technical rating. HQY was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

Looking at the yearly performance, HQY did better than 78% of all other stocks. We also observe that the gains produced by HQY over the past year are nicely spread over this period.
HQY is part of the Health Care Providers & Services industry. There are 118 other stocks in this industry. HQY outperforms 77% of them.
HQY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HQY is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month HQY has a been trading in the 74.75 - 81.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HQY Weekly chart
HQY Daily chart
Setup Rating and Analysis

9

HQY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 79.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HQY in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

67.75

84.37

We found 3 important support areas.

  • A support zone ranging from 77.33 to 78.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @75.85 from a horizontal line in the daily time frame.
  • Support @68.43 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 79.26 to 83.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.46
Mansfield-0.21
10 Day High80.91
10 Day Low74.75
20 Day High81.98
20 Day Low74.75
52 Week High84.49
52 Week Low54.09
Performance
1 Week2.43%
2 Weeks0.84%
1 Month-2.08%
3 Month-2.56%
6 Month17.68%
12 Month39.53%
2 Year26.57%
3 Year-4.7%
5 Year21.19%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)51.37
LBB75.88
UBB80.84