HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO • US40637H1095
Taking everything into account, HALO scores 2 out of 10 in our technical rating. HALO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month HALO has a been trading in the 68.22 - 82.22 range, which is quite wide. It is currently trading near the lows of this range.
- HALO has an average volume of 1914900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, HALO outperforms 59% of them, which is more or less in line with the market.
- HALO is an average performer in the Biotechnology industry, it outperforms 55% of 521 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.
The technical rating of HALO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
59.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.58 to 67.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 61.87 to 62.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 71.67 to 72.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for HALO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HALO is down. |
| ChartMill Relative Strength | 59.47 | NEUTRAL | HALO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HALO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HALO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HALO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.26 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.16 | NEGATIVE | The MACD value suggests HALO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.25 | OVERSOLD | The low Stochastics value suggests HALO may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for HALO suggests a strong trend. |
69.53
+0.31 (+0.45%)
HALOZYME THERAPEUTICS INC / HALO FAQ
Can you provide the ChartMill technical rating for HALOZYME THERAPEUTICS INC?
ChartMill assigns a technical rating of 2 / 10 to HALO.
Can you provide the trend direction for HALOZYME THERAPEUTICS INC?
The current trend direction for HALOZYME THERAPEUTICS INC (HALO) is Bearish.
Can you provide the RSI signal for HALOZYME THERAPEUTICS INC?
HALOZYME THERAPEUTICS INC (HALO) has an RSI value of 39.256. This indicates that the stock is currently neutral.
What is the MACD signal for HALOZYME THERAPEUTICS INC (HALO) stock?
The MACD indicator for HALOZYME THERAPEUTICS INC (HALO) has a value of -1.16193, indicating a bearish trend.
What is the short term momentum for HALO stock?
The short term momentum for HALOZYME THERAPEUTICS INC (HALO) is negative.