HALOZYME THERAPEUTICS INC (HALO) Technical Analysis
NASDAQ:HALO • US40637H1095
Current stock price
HALO Technical Rating and Analysis
Overall HALO gets a technical rating of 0 out of 10. HALO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HALO is a bad performer in the overall market: 67% of all stocks are doing better.
- In the last month HALO has a been trading in the 62.51 - 71.53 range, which is quite wide. It is currently trading near the lows of this range.
- HALO has an average volume of 1879190 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 517 other stocks in this industry, HALO did better than 47% 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
HALO has a poor technical rating and the quality of the setup is also only medium 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
HALO Support and Resistance Analysis
60.10
When analyzing the support we can see 2 important areas.
- 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 @60.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.06 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 | DOWN | NEGATIVE | The long term trend for HALO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HALO is down. |
| ChartMill Relative Strength | 33.66 | 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) | 32.18 | NEUTRAL | The RSI value for HALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests HALO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.52 | OVERSOLD | The low Stochastics value suggests HALO may be oversold. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.79 | 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
63.43
+0.16 (+0.25%)
HALOZYME THERAPEUTICS INC / HALO TA FAQ
Can you provide the ChartMill technical rating for HALOZYME THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 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 32.1785. 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 -0.339337, indicating a bearish trend.
What is the short term momentum for HALO stock?
The short term momentum for HALOZYME THERAPEUTICS INC (HALO) is negative.