CHF Solutions Inc (CHFS) Technical Analysis
NASDAQ:CHFS
We assign a technical rating of 0 out of 10 to CHFS. CHFS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CHFS is a bad performer in the overall market: 99% of all stocks are doing better.
- CHFS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- CHFS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
CHFS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
5.23
We can see 2 important resistance areas.
- Resistance @5.58 from a trend line in the daily time frame.
- Resistance @9.62 from a trend 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 | DOWN | NEGATIVE | The long term trend for CHFS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHFS is down. |
| ChartMill Relative Strength | 1.7 | NEGATIVE | CHFS has a low relative strength, it was outperformed by 98.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.45 | NEUTRAL | The RSI value for CHFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CHFS has a positive trend. |
| Stochastics (14,3) | 30.41 | NEUTRAL | The Stochastics value for CHFS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for CHFS suggests high volalility. |
CHFS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CHFS (4/26/2021, 9:53:27 PM)
5.28
+0.06 (+1.15%)
CHF Solutions Inc / CHFS FAQ
What is the ChartMill technical rating of CHF Solutions Inc (CHFS) stock?
ChartMill assigns a technical rating of 0 / 10 to CHFS.
Can you provide the trend direction for CHF Solutions Inc?
The current trend direction for CHF Solutions Inc (CHFS) is Bearish.
What is the RSI signal for CHFS stock?
CHF Solutions Inc (CHFS) has an RSI value of 36.4525. This indicates that the stock is currently neutral.
What is the MACD signal for CHFS stock?
The MACD indicator for CHF Solutions Inc (CHFS) has a value of 0.0622176, indicating a bearish trend.
Can you provide the support and resistance levels for CHF Solutions Inc?
CHF Solutions Inc (CHFS) has a resistance level at 5.58. Check the full technical report for our detailed analysis of CHFS support and resistance levels.