HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO - US40637H1095 - Common Stock
71.82 USD
+0.21 (+0.29%)
72.01 USD
+0.19 (+0.26%)
Overall HALO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HALO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
HALO is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 549 stocks in the same industry.
HALO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HALO has a been trading in the 57.67 - 72.33 range, which is quite wide. It is currently trading near the high of this range.
HALO has an average volume of 2248600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HALO did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HALO has an excellent technical rating, it does not present a decent entry opportunity 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
72.54
5 important support areas can be observed.
- A support zone ranging from 62.61 to 62.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @57.06 from a trend line in the daily time frame.
- Support @54.24 from a trend line in the weekly time frame.
- Support @52.02 from a horizontal line in the weekly time frame.
- Support @46.84 from a horizontal line in the daily 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 | 82.56 | POSITIVE | HALO has a high relative strength, it outperformed 82.56% 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) | 86.58 | OVERBOUGHT | The high RSI value suggests HALO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests HALO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.73 | OVERBOUGHT | The high Stochastics value suggests HALO may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for HALO suggests some volalility. |
| Average Directional Index/ADX (14) | 46.26 | POSITIVE | The high ADX value value for HALO suggests a strong 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)
71.82
+0.21 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.29%
1 Week6.76%
2 Weeks14.18%
1 Month23.32%
3 Month31.68%
6 Month24.36%
12 Month14.51%
2 Year68.75%
3 Year76.33%
5 Year147.7%
10 Year311.34%
15 Year840.05%
Volatility
ATR(14)1.84
ATR(20)%2.45%
ATR Inc-2.1%
Range Today1.77
ADR(20)1.65
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.56
Mansfield1.51
10 Day High72.33
10 Day Low62.49
20 Day High72.33
20 Day Low57.68
52 Week High72.33
52 Week Low42.01
CS1 End62.89
CR1 StartN/A
Volume & EV
DER(3)0.16%
DER(5)0.78%
Volume2.44M
Volume Incr19.68%
Vol(5)2.21M
Vol(50)2.25M