HEARTBEAM INC (BEAT) Technical Analysis
NASDAQ:BEAT • US42238H1086
Current stock price
BEAT Technical Rating and Analysis
Taking everything into account, BEAT scores 0 out of 10 in our technical rating. BEAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than BEAT.
- BEAT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 77% are performing better than BEAT.
- BEAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BEAT has a been trading in the 0.80 - 1.26 range, which is quite wide. It is currently trading near the lows of this range.
- BEAT has an average volume of 1662900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
BEAT Weekly and Daily overview Charts
BEAT Setup Rating and Analysis
The technical rating of BEAT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BEAT Support and Resistance Analysis
0.79
3 important support areas can be observed.
- Support @0.91 from a horizontal line in the weekly time frame.
- Support @0.82 from a trend line in the daily time frame.
- Support @0.80 from a horizontal line in the daily time frame.
BEAT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BEAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEAT is down. |
| ChartMill Relative Strength | 4.47 | NEGATIVE | BEAT has a low relative strength, it was outperformed by 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BEAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BEAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BEAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.59 | NEUTRAL | The RSI value for BEAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BEAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.01 | NEUTRAL | The Stochastics value for BEAT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.73 | HIGH VOLATILITY | The high ATR as a percentage value for BEAT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for BEAT suggests a weak or negative trend. |
BEAT Chart- and CandleStick Pattern Analysis
BEAT Technicals: Chart, Performance Metrics, Trend & Indicators
0.9342
+0.08 (+9.48%)
HEARTBEAM INC / BEAT TA FAQ
What is the technical rating for BEAT stock?
ChartMill assigns a technical rating of 0 / 10 to BEAT.
Can you provide the trend direction for HEARTBEAM INC?
The current trend direction for HEARTBEAM INC (BEAT) is Bearish.
Can you provide the RSI signal for HEARTBEAM INC?
HEARTBEAM INC (BEAT) has an RSI value of 38.5892. This indicates that the stock is currently neutral.
What is the short term momentum for BEAT stock?
The short term momentum for HEARTBEAM INC (BEAT) is negative.
What is the support and resistance level for BEAT stock?
HEARTBEAM INC (BEAT) has a support level at 0.91. Check the full technical report for our detailed analysis of BEAT support and resistance levels.