CHF Solutions Inc (CHFS) Technical Analysis
NASDAQ:CHFS
Current stock price
CHFS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CHFS. CHFS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 Weekly and Daily overview Charts
CHFS Setup Rating and Analysis
Although the technical rating is bad, CHFS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CHFS Support and Resistance Analysis
5.23
When analyzing the resistance we notice 2 important 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.
CHFS 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 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 Chart- and CandleStick Pattern Analysis
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 TA 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 CHF Solutions Inc (CHFS) stock?
CHF Solutions Inc (CHFS) has an RSI value of 36.4525. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CHF Solutions Inc?
The buy/sell signal for CHF Solutions Inc (CHFS) is sell as both the short term and long term trends are negative.
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.