HEALTH ASSURANCE ACQUISIT-A (HAAC) Technical Analysis
NASDAQ:HAAC • US42226W1099
Current stock price
HAAC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to HAAC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HAAC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HAAC did better than 85% of all other stocks. On top of that, HAAC also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by HAAC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month HAAC has a been trading in a tight range between 9.99 and 10.05.
- Volume is considerably higher in the last couple of days.
HAAC Weekly and Daily overview Charts
HAAC Setup Rating and Analysis
Besides having an excellent technical rating, HAAC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HAAC Support and Resistance Analysis
9.58
We found 1 important support area.
- A support zone ranging from 9.68 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.06 to 10.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
HAAC 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 | UP | POSITIVE | The long term trend for HAAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAAC is up. |
| ChartMill Relative Strength | 85.92 | POSITIVE | HAAC has a high relative strength, it outperformed 85.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.22 | NEUTRAL | The RSI value for HAAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HAAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests HAAC may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for HAAC suggests low volalility. |
| Average Directional Index/ADX (14) | 73.06 | POSITIVE | The high ADX value value for HAAC suggests a strong trend. |
HAAC Chart- and CandleStick Pattern Analysis
HAAC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.06 | 10.01 | 0.05 (0.50%) | 25.00% |
| An entry @10.06. This is a Buy Stop order right above the 10 day high. | An exit @10.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 0.50%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HAAC Technicals: Chart, Performance Metrics, Trend & Indicators
10.05
0 (0%)
HEALTH ASSURANCE ACQUISIT-A / HAAC TA FAQ
Can you provide the ChartMill technical rating for HEALTH ASSURANCE ACQUISIT-A?
ChartMill assigns a technical rating of 9 / 10 to HAAC.
What is the current trend direction of HEALTH ASSURANCE ACQUISIT-A (HAAC) stock?
The current trend direction for HEALTH ASSURANCE ACQUISIT-A (HAAC) is Bullish.
Can you provide the RSI signal for HEALTH ASSURANCE ACQUISIT-A?
HEALTH ASSURANCE ACQUISIT-A (HAAC) has an RSI value of 67.2186. This indicates that the stock is currently neutral.
What is the short term momentum for HEALTH ASSURANCE ACQUISIT-A (HAAC) stock?
The short term momentum for HEALTH ASSURANCE ACQUISIT-A (HAAC) is positive.
Can you provide the buy/sell signal for HEALTH ASSURANCE ACQUISIT-A?
The buy/sell signal for HEALTH ASSURANCE ACQUISIT-A (HAAC) is buy as both the short term and long term trends are positive.