Taking everything into account, HALO scores 9 out of 10 in our technical rating. In the last year, HALO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that HALO is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by HALO over the past year are nicely spread over this period.
- HALO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HALO is lagging the market slightly.
- HALO has an average volume of 2294750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HALO is part of the Biotechnology industry. There are 525 other stocks in this industry, HALO did better than 66% of them.
- In the last month HALO has a been trading in the 66.36 - 75.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HALO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
58.33
We found 3 important support areas.
- A support zone ranging from 64.58 to 64.71. 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 @58.92 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @74.00 from a horizontal line in the daily time frame.
- 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 | 81 | POSITIVE | HALO has a high relative strength, it outperformed 81% 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) | 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) | 55.98 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HALO has a negative trend. |
| Stochastics (14,3) | 47.8 | NEUTRAL | The Stochastics value for HALO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.29 | POSITIVE | The high ADX value value for HALO suggests a strong trend. |
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 |
|---|---|---|---|
| 74.01 | 69.52 | 4.49 (6.07%) | 16.48% |
| An entry @74.01. This is a Buy Stop order right above the resistance zone. | An exit @69.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.49 points, which is 6.07%. | For a 1.00% total portfolio risk, you can invest 16.48% 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.
71.71
+1.28 (+1.82%)
HALOZYME THERAPEUTICS INC / HALO FAQ
Can you provide the ChartMill technical rating for HALOZYME THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to HALO.
Can you provide the trend direction for HALOZYME THERAPEUTICS INC?
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 55.9829. 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 -0.100244, indicating a bearish trend.
What is the short term momentum for HALO stock?
The short term momentum for HALOZYME THERAPEUTICS INC (HALO) is neutral.