HAEMONETICS CORP/MASS (HAE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HAE • US4050241003
Taking everything into account, HAE scores 0 out of 10 in our technical rating. HAE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, HAE is a bad performer in the overall market: 83% of all stocks are doing better.
- HAE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month HAE has a been trading in the 56.98 - 83.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- HAE is an average performer in the Health Care Equipment & Supplies industry, it outperforms 50% of 186 stocks in the same industry.
The technical rating of HAE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.11
When analyzing the resistance we notice 2 important areas.
- Resistance @80.59 from a trend line in the daily time frame.
- Resistance @82.49 from a trend line 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 | DOWN | NEGATIVE | The long term trend for HAE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HAE is down. |
| ChartMill Relative Strength | 17.93 | NEGATIVE | HAE has a low relative strength, it was outperformed by 82.07% 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) | DOWN | NEGATIVE | The current price of HAE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HAE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.77 | OVERSOLD | The low RSI value suggests HAE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests HAE has a negative trend. |
| Stochastics (14,3) | 5.48 | OVERSOLD | The low Stochastics value suggests HAE may be oversold. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for HAE suggests some volalility. |
| Average Directional Index/ADX (14) | 39.65 | POSITIVE | The high ADX value value for HAE suggests a strong trend. |
57.69
-1.65 (-2.78%)
HAEMONETICS CORP/MASS / HAE FAQ
What is the ChartMill technical rating of HAEMONETICS CORP/MASS (HAE) stock?
ChartMill assigns a technical rating of 0 / 10 to HAE.
Can you provide the trend direction for HAEMONETICS CORP/MASS?
The current trend direction for HAEMONETICS CORP/MASS (HAE) is Bearish.
What is the RSI signal for HAE stock?
HAEMONETICS CORP/MASS (HAE) has an RSI value of 16.7676. This indicates that the stock is currently oversold.
What is the MACD signal for HAE stock?
The MACD indicator for HAEMONETICS CORP/MASS (HAE) has a value of -0.888601, indicating a bearish trend.
What is the buy/sell signal for HAEMONETICS CORP/MASS (HAE) stock?
The buy/sell signal for HAEMONETICS CORP/MASS (HAE) is sell as both the short term and long term trends are negative.