HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO - Nasdaq - US40637H1095 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HALO. HALO 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HALO is a bad performer in the overall market: 78% of all stocks are doing better.
HALO has an average volume of 2853560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HALO is an average performer in the Biotechnology industry, it outperforms 53% of 555 stocks in the same industry.
HALO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HALO is lagging the market.
In the last month HALO has a been trading in the 51.06 - 55.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, HALO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
46.37
54.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.01 to 53.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.42 from a trend line in the daily time frame.
- Support @46.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.01 to 54.01. 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 HALO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HALO is neutral. |
| ChartMill Relative Strength | 22.03 | NEGATIVE | HALO has a low relative strength, it was outperformed by 77.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HALO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HALO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HALO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.36 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests HALO has a positive trend. |
| Stochastics (14,3) | 68.53 | NEUTRAL | The Stochastics value for HALO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for HALO suggests a weak or negative trend. |
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)
54
+0.16 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.3%
1 Week2.8%
2 Weeks1.6%
1 Month0.28%
3 Month-9.65%
6 Month13.11%
12 Month4.73%
2 Year25.7%
3 Year10.43%
5 Year98.6%
10 Year131.36%
15 Year653.14%
Volatility
ATR(14)1.25
ATR(20)%2.27%
ATR Inc-6.97%
Range Today0.84
ADR(20)1.2
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.03
Mansfield-1.14
10 Day High54.25
10 Day Low51.06
20 Day High55.6
20 Day Low51.06
52 Week High70.51
52 Week Low42.01
CS1 End49.24
CR1 Start55.91
Volume & EV
DER(3)-0.55%
DER(5)-1.76%
Volume868.00K
Volume Incr215.03%
Vol(5)6.05M
Vol(50)2.85M