HAEMONETICS CORP/MASS (HAE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HAE - US4050241003 - Common Stock
Overall HAE gets a technical rating of 8 out of 10. Both in the recent history as in the last year, HAE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, HAE 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 83.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.21, a Stop Loss order could be placed below this zone.
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51.31
2 important support areas can be observed.
- A support zone ranging from 79.90 to 80.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.50 to 83.94. This zone is formed by a combination of multiple trend lines in the weekly 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 | UP | POSITIVE | The long term trend for HAE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAE is up. |
| ChartMill Relative Strength | 90.43 | POSITIVE | HAE has a high relative strength, it outperformed 90.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HAE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.37 | NEUTRAL | The RSI value for HAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests HAE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.79 | OVERSOLD | The low Stochastics value suggests HAE may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for HAE suggests some volalility. |
| Average Directional Index/ADX (14) | 50.44 | POSITIVE | The high ADX value value for HAE suggests a strong trend. |
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 |
|---|---|---|---|
| 80.62 | 79.89 | 0.73 (0.90%) | 25.00% |
| An entry @80.62. This is a Buy Stop order right above the 10 day moving average. | An exit @79.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.73 points, which is 0.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The distance between exit and entry is rather small compared to the average daily movement of HAE. Please evaluate whether better entry and exit points can be found.
- 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.
80.28
+0.27 (+0.34%)
HAEMONETICS CORP/MASS / HAE FAQ
What is the ChartMill technical rating of HAEMONETICS CORP/MASS (HAE) stock?
ChartMill assigns a technical rating of 8 / 10 to HAE.
What is the trend direction for HAE stock?
The current trend direction for HAEMONETICS CORP/MASS (HAE) is Bullish.
What is the RSI signal for HAEMONETICS CORP/MASS (HAE) stock?
HAEMONETICS CORP/MASS (HAE) has an RSI value of 58.3685. This indicates that the stock is currently neutral.
What is the buy/sell signal for HAEMONETICS CORP/MASS (HAE) stock?
The buy/sell signal for HAEMONETICS CORP/MASS (HAE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HAEMONETICS CORP/MASS?
HAEMONETICS CORP/MASS (HAE) has a support level at 80.21 and a resistance level at 83.5. Check the full technical report for our detailed analysis of HAE support and resistance levels.