HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
USA - NASDAQ:HALO - US40637H1095 - Common Stock
We assign a technical rating of 5 out of 10 to HALO. HALO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, HALO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 67.43, a Stop Loss order could be placed below this zone.
More info and screens
56.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.49 to 67.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.10 to 64.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.03 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.81 to 78.28. 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 | UP | POSITIVE | The long term trend for HALO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HALO is neutral. |
| ChartMill Relative Strength | 73.46 | POSITIVE | HALO has a high relative strength, it outperformed 73.46% 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) | UP | POSITIVE | The current price of HALO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests HALO has a positive trend. |
| Stochastics (14,3) | 67.15 | NEUTRAL | The Stochastics value for HALO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for HALO suggests a possible start of a new trend. |
68.24
-0.15 (-0.22%)
HALOZYME THERAPEUTICS INC / HALO FAQ
Can you provide the ChartMill technical rating for HALOZYME THERAPEUTICS INC?
ChartMill assigns a technical rating of 5 / 10 to HALO.
What is the trend direction for HALO stock?
The current trend direction for HALOZYME THERAPEUTICS INC (HALO) is Bullish.
Can you provide the RSI signal for HALOZYME THERAPEUTICS INC?
HALOZYME THERAPEUTICS INC (HALO) has an RSI value of 53.3374. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HALOZYME THERAPEUTICS INC?
The short term momentum for HALOZYME THERAPEUTICS INC (HALO) is neutral.
Can you provide the support and resistance levels for HALOZYME THERAPEUTICS INC?
HALOZYME THERAPEUTICS INC (HALO) has a support level at 67.43 and a resistance level at 77.81. Check the full technical report for our detailed analysis of HALO support and resistance levels.