HALOZYME THERAPEUTICS INC (HALO) Technical Analysis
NASDAQ:HALO • US40637H1095
Current stock price
HALO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to HALO. 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 63.22 - 81.51 range, which is quite wide. It is currently trading near the lows of this range.
- HALO has an average volume of 1954250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, HALO outperforms 51% of them, which is more or less in line with the market.
- HALO is part of the Biotechnology industry. There are 518 other stocks in this industry, HALO did better than 52% 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.
HALO Weekly and Daily overview Charts
HALO Setup Rating and Analysis
The technical rating of HALO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HALO Support and Resistance Analysis
59.88
2 important support areas can be observed.
- A support zone ranging from 61.86 to 62.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.00 to 70.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HALO Technical Indicator Signal Analysis
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 | 51.37 | 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) | DOWN | NEGATIVE | The current price of HALO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HALO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.93 | OVERSOLD | The low RSI value suggests HALO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests HALO has a negative trend. |
| Stochastics (14,3) | 4.33 | OVERSOLD | The low Stochastics value suggests HALO may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for HALO suggests a strong trend. |
HALO Chart- and CandleStick Pattern Analysis
HALO Technicals: Chart, Performance Metrics, Trend & Indicators
63.66
+0.1 (+0.16%)
HALOZYME THERAPEUTICS INC / HALO TA FAQ
Can you provide the ChartMill technical rating for HALOZYME THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 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 28.9291. This indicates that the stock is currently oversold.
What is the MACD signal for HALOZYME THERAPEUTICS INC (HALO) stock?
The MACD indicator for HALOZYME THERAPEUTICS INC (HALO) has a value of -0.729207, indicating a bearish trend.
What is the short term momentum for HALO stock?
The short term momentum for HALOZYME THERAPEUTICS INC (HALO) is negative.