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


HALOZYME THERAPEUTICS INC

Nasdaq / Health Care / Biotechnology

Technical Rating and Analysis

7

Overall HALO gets a technical rating of 7 out of 10. In the last year, HALO was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that HALO is one of the better performing stocks in the market, outperforming 94% of all stocks.
HALO is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 566 stocks in the same industry.
HALO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so HALO slightly outperforms the market at the moment.
In the last month HALO has a been trading in the 55.71 - 62.14 range, which is quite wide. It is currently trading near the high of this range.
HALO has an average volume of 1513100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HALOZYME THERAPEUTICS INC / HALO Weekly stock chart
HALOZYME THERAPEUTICS INC / HALO Daily stock chart
Setup Rating and Analysis

8

HALO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 59.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

52.13

65.81

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 58.58 to 59.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 57.28 to 57.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @52.66 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 64.42 to 65.16. This zone is formed by a combination of multiple trend lines 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
CRS94.03
Mansfield1.15
10 Day High62.08
10 Day Low56.47
20 Day High62.14
20 Day Low55.71
52 Week High66
52 Week Low40.19
Performance
1 Week1.16%
2 Weeks4.08%
1 Month-1.18%
3 Month8.03%
6 Month7.07%
12 Month53.32%
2 Year88.68%
3 Year33.08%
5 Year152.12%
10 Year252.68%
15 Year734.79%
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)0.22
RSI(14)53.33
LBB57.21
UBB62.5
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
65.1758.576.60 (10.13%)9.87%
An entry @65.17. This is a Buy Stop order right above the resistance zone.An exit @58.57. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 6.60 points, which is 10.13%.When investing 9.87% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.