HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO - Nasdaq - US40637H1095 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to HALO. HALO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month HALO has a been trading in the 53.65 - 61.75 range, which is quite wide. It is currently trading near the high of this range.
HALO has an average volume of 2091260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HALO turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
HALO is part of the Biotechnology industry. There are 553 other stocks in this industry, HALO did better than 67% of them.
HALO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HALO is lagging the market slightly.
Although HALO has an excellent technical rating, it does not offer a high 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
46.37
66.54
When analyzing the support we can see 5 important areas.
- A support zone ranging from 57.64 to 58.49. 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 55.07 to 55.31. 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 53.31 to 53.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.01 to 52.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.84 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @60.09 from a horizontal line in the daily time frame.
- Resistance @65.88 from a horizontal 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 | UP | POSITIVE | The long term trend for HALO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HALO is up. |
| ChartMill Relative Strength | 49.69 | NEUTRAL | HALO is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HALO is above 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) | 59.06 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests HALO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.42 | NEUTRAL | The Stochastics value for HALO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.04 | NEUTRAL | The ADX value for HALO suggests a possible start of a new 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)
59.02
-0.95 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.58%
1 Week1.34%
2 Weeks4.55%
1 Month9.3%
3 Month-3.55%
6 Month4.2%
12 Month9.11%
2 Year38.67%
3 Year44.91%
5 Year103.55%
10 Year238.03%
15 Year672.51%
Volatility
ATR(14)1.42
ATR(20)%2.36%
ATR Inc39.05%
Range Today1.74
ADR(20)1.35
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.69
Mansfield-0.2
10 Day High61.75
10 Day Low55.64
20 Day High61.75
20 Day Low53.65
52 Week High70.51
52 Week Low42.01
CS1 End58.49
CR1 Start60.09
Volume & EV
DER(3)-0.58%
DER(5)-1.29%
Volume1.68M
Volume Incr-33.76%
Vol(5)1.64M
Vol(50)2.09M