HEARTBEAM INC (BEAT) Technical Analysis
NASDAQ:BEAT • US42238H1086
Current stock price
BEAT Technical Rating and Analysis
Taking everything into account, BEAT scores 1 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.
- When comparing the yearly performance of all stocks, BEAT is a bad performer in the overall market: 92% of all stocks are doing better.
- BEAT is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 68% of 184 stocks in the same industry do better.
- BEAT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BEAT is lagging the market.
- In the last month BEAT has a been trading in the 1.22 - 1.78 range, which is quite wide. It is currently trading near the lows of this range.
- BEAT has an average volume of 1556810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Volume is considerably higher in the last couple of days.
BEAT Weekly and Daily overview Charts
BEAT Setup Rating and Analysis
BEAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BEAT Support and Resistance Analysis
1.20
We found 2 important support areas.
- Support @1.32 from a horizontal line in the weekly time frame.
- Support @1.21 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.37 from a trend line in the daily time frame.
- Resistance @1.51 from a horizontal line in the weekly time frame.
- Resistance @1.55 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 | NEUTRAL | NEUTRAL | The long term trend for BEAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BEAT is down. |
| ChartMill Relative Strength | 8.88 | NEGATIVE | BEAT has a low relative strength, it was outperformed by 91.12% 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) | 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) | 43.1 | NEUTRAL | The RSI value for BEAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BEAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.7 | OVERSOLD | The low Stochastics value suggests BEAT may be oversold. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for BEAT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | 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
1.36
-0.11 (-7.48%)
HEARTBEAM INC / BEAT TA FAQ
What is the technical rating for BEAT stock?
ChartMill assigns a technical rating of 1 / 10 to BEAT.
Can you provide the trend direction for HEARTBEAM INC?
The current trend direction for HEARTBEAM INC (BEAT) is Bearish.
What is the RSI signal for HEARTBEAM INC (BEAT) stock?
HEARTBEAM INC (BEAT) has an RSI value of 43.0981. 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 0.0116208, indicating a bearish trend.