Habit Rest (HABT) Technical Analysis
NASDAQ:HABT
Current stock price
HABT Technical Rating and Analysis
Overall HABT gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HABT is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- HABT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HABT is leading the market.
- Looking at the yearly performance, HABT did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month HABT has a been trading in a tight range between 13.50 and 14.04.
- Volume is considerably higher in the last couple of days.
HABT Weekly and Daily overview Charts
HABT Setup Rating and Analysis
Besides having an excellent technical rating, HABT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.97, 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
HABT Support and Resistance Analysis
8.24
3 important support areas can be observed.
- A support zone ranging from 13.69 to 13.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.06 from a trend line in the daily time frame.
- Support @8.32 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.99 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
HABT 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 HABT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HABT is neutral. |
| ChartMill Relative Strength | 97.24 | POSITIVE | HABT has a high relative strength, it outperformed 97.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HABT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HABT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HABT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.27 | NEUTRAL | The RSI value for HABT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HABT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.36 | NEUTRAL | The Stochastics value for HABT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for HABT suggests low volalility. |
HABT Chart- and CandleStick Pattern Analysis
HABT 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 |
|---|---|---|---|
| 14.00 | 13.49 | 0.51 (3.64%) | 25.00% |
| An entry @14.00. This is a Buy Stop order right above the resistance zone. | An exit @13.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 3.64%. | For a 0.91% 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.
HABT Technicals: Chart, Performance Metrics, Trend & Indicators
13.98
+0.13 (+0.94%)
Habit Rest / HABT TA FAQ
What is the ChartMill technical rating of Habit Rest (HABT) stock?
ChartMill assigns a technical rating of 7 / 10 to HABT.
What is the current trend direction of Habit Rest (HABT) stock?
The current trend direction for Habit Rest (HABT) is Bullish.
What is the RSI signal for HABT stock?
Habit Rest (HABT) has an RSI value of 58.2719. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Habit Rest?
The short term momentum for Habit Rest (HABT) is neutral.
Can you provide the support and resistance levels for Habit Rest?
Habit Rest (HABT) has a support level at 13.97 and a resistance level at 13.99. Check the full technical report for our detailed analysis of HABT support and resistance levels.