Taking everything into account, BEAT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BEAT is showing a nice and steady performance.
Besides having an excellent technical rating, BEAT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.24
We found 1 important support area.
- Support @2.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.51 from a trend line in the daily time frame.
- Resistance @2.75 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for BEAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BEAT is up. |
| ChartMill Relative Strength | 86.31 | POSITIVE | BEAT has a high relative strength, it outperformed 86.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BEAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BEAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.6 | NEUTRAL | The RSI value for BEAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BEAT has a negative trend. |
| Stochastics (14,3) | 14.01 | OVERSOLD | The low Stochastics value suggests BEAT may be oversold. |
| Average True Range in percent/ATR (20) | 21.56 | HIGH VOLATILITY | The high ATR as a percentage value for BEAT suggests high volalility. |
| Average Directional Index/ADX (14) | 35.73 | POSITIVE | The high ADX value value for BEAT suggests a strong trend. |
2.4
+0.04 (+1.69%)
HEARTBEAM INC / BEAT FAQ
What is the technical rating for BEAT stock?
ChartMill assigns a technical rating of 9 / 10 to BEAT.
Can you provide the trend direction for HEARTBEAM INC?
The current trend direction for HEARTBEAM INC (BEAT) is Bullish.
What is the RSI signal for HEARTBEAM INC (BEAT) stock?
HEARTBEAM INC (BEAT) has an RSI value of 53.6024. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEARTBEAM INC?
The MACD indicator for HEARTBEAM INC (BEAT) has a value of -0.0658189, indicating a bearish trend.
What is the buy/sell signal for BEAT stock?
The buy/sell signal for HEARTBEAM INC (BEAT) is buy as both the short term and long term trends are positive.