HAOXI HEALTH TECHNOLOGY LTD (HAO) Stock Technical Analysis
USA - NASDAQ:HAO - KYG4290F1182 - Common Stock
1.25 USD
-0.03 (-2.34%)
1.25 USD
0 (0%)
Taking everything into account, HAO scores 1 out of 10 in our technical rating. HAO'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
97% of all other stocks performed better in the past year than HAO.
HAO is one of the lesser performing stocks in the Media industry. 78% of 98 stocks in the same industry do better.
HAO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HAO has a been trading in the 1.10 - 2.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Considerably lower volume is observed in the last couple of days.
HAO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.16, a Stop Loss order could be placed below this zone.
More info and screens
1.09
1.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.44 to 1.46. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for HAO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HAO is neutral. |
| ChartMill Relative Strength | 3.11 | NEGATIVE | HAO has a low relative strength, it was outperformed by 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HAO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HAO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for HAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HAO has a negative trend. |
| Stochastics (14,3) | 11.04 | OVERSOLD | The low Stochastics value suggests HAO may be oversold. |
| Average True Range in percent/ATR (20) | 11.41 | HIGH VOLATILITY | The high ATR as a percentage value for HAO suggests high volalility. |
| Average Directional Index/ADX (14) | 49.19 | POSITIVE | The high ADX value value for HAO 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)
1.25
-0.03 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.34%
1 Week0.81%
2 Weeks-5.3%
1 Month5.04%
3 Month-3.85%
6 Month-13.79%
12 Month-87.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%11.41%
ATR Inc-50.1%
Range Today0.07
ADR(20)0.13
ADR(20)%10.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.11
Mansfield-5.23
10 Day High1.39
10 Day Low1.2
20 Day High2.23
20 Day Low1.1
52 Week High10.75
52 Week Low0.84
CS1 End1.16
CR1 Start1.29
Volume & EV
DER(3)-3.28%
DER(5)-6.33%
Volume39.10K
Volume Incr-96.67%
Vol(5)47.14K
Vol(50)579.33K