HALOZYME THERAPEUTICS INC (HALO)
US40637H1095 - Common Stock
We assign a technical rating of 9 out of 10 to HALO. Both in the recent history as in the last year, HALO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
HALO is one of the better performing stocks in the Biotechnology industry, it outperforms 81% of 577 stocks in the same industry.
HALO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HALO is leading the market.
In the last month HALO has a been trading in the 50.68 - 56.97 range, which is quite wide. It is currently trading near the high of this range.
HALO has an average volume of 1328620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HALO did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, HALO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HALO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
32.99
56.54
When analyzing the support we can see 6 important areas.
- A support zone ranging from 53.34 to 54.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.29 to 51.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.87 from a trend line in the weekly time frame.
- Support @43.13 from a trend line in the daily time frame.
- Support @35.40 from a trend line in the weekly time frame.
- A support zone ranging from 33.32 to 33.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.98 to 55.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.86
Mansfield2.29
10 Day High56.97
10 Day Low52.12
20 Day High56.97
20 Day Low50.68
52 Week High56.97
52 Week Low32.83
Performance
1 Week3.08%
2 Weeks5.96%
1 Month7.63%
3 Month45.11%
6 Month63.61%
12 Month28.2%
2 Year14.46%
3 Year35.42%
5 Year229.43%
10 Year474.64%
15 Year692.78%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)70.78
LBB51.75
UBB56.25
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 |
|---|---|---|---|
| 55.99 | 53.33 | 2.66 (4.75%) | 21.05% |
| An entry @55.99. This is a Buy Stop order right above the resistance zone. | An exit @53.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.66 points, which is 4.75%. | For a 1.00% total portfolio risk, you can invest 21.05% 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.
HALOZYME THERAPEUTICS INC
NASDAQ:HALO (7/25/2024, 7:00:02 PM)
Premarket: 55.05 -0.92 (-1.64%)55.97
+0.82 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.49%
1 Week3.08%
2 Weeks5.96%
1 Month7.63%
3 Month45.11%
6 Month63.61%
12 Month28.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.57
ATR(20)%2.68%
ATR Inc
Range Today1.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56.97
10 Day Low52.12
20 Day High56.97
20 Day Low50.68
52 Week High56.97
52 Week Low32.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.02M
Volume Incr-27.92%
Vol(5)1.04M
Vol(50)1.33M