Restoration Robotics Inc. (HAIR) Stock Technical Analysis
NASDAQ:HAIR
Taking everything into account, HAIR scores 0 out of 10 in our technical rating. HAIR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than HAIR.
- HAIR 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.
- In the last month HAIR has a been trading in the 0.35 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HAIR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.38
When analyzing the resistance we notice 2 important areas.
- Resistance @0.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HAIR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HAIR is down. |
| ChartMill Relative Strength | 1.76 | NEGATIVE | HAIR has a low relative strength, it was outperformed by 98.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HAIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HAIR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HAIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for HAIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HAIR has a positive trend. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for HAIR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for HAIR suggests high volalility. |
NASDAQ:HAIR (11/7/2019, 8:00:01 PM)
0.384
+0.01 (+2.76%)
Restoration Robotics Inc. / HAIR FAQ
What is the technical rating for HAIR stock?
ChartMill assigns a technical rating of 0 / 10 to HAIR.
What is the current trend direction of Restoration Robotics Inc. (HAIR) stock?
The current trend direction for Restoration Robotics Inc. (HAIR) is Bearish.
What is the RSI signal for Restoration Robotics Inc. (HAIR) stock?
Restoration Robotics Inc. (HAIR) has an RSI value of 36.7801. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Restoration Robotics Inc.?
The short term momentum for Restoration Robotics Inc. (HAIR) is negative.
What is the support and resistance level for HAIR stock?
Restoration Robotics Inc. (HAIR) has a resistance level at 0.43. Check the full technical report for our detailed analysis of HAIR support and resistance levels.