HAPPINESS DEVELOPMENT GROU-A (HAPP) Stock Technical Analysis
NASDAQ:HAPP - Nasdaq - KYG4289N2050 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HAPP. In the last year, HAPP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, HAPP is a bad performer in the overall market: 80% of all stocks are doing better.
In the last month HAPP has a been trading in the 4.40 - 5.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: HAPP has an average volume of 14686 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
HAPP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HAPP is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HAPP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.43, a Stop Loss order could be placed below this zone.
More info and screens
4.39
5.02
We found 1 important support area.
- A support zone ranging from 4.43 to 4.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.62 to 4.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.97 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 | NEUTRAL | NEUTRAL | The long term trend for HAPP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HAPP is down. |
| ChartMill Relative Strength | 20.7 | NEGATIVE | HAPP has a low relative strength, it was outperformed by 79.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HAPP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HAPP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for HAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HAPP has a negative trend. |
| Stochastics (14,3) | 17.43 | OVERSOLD | The low Stochastics value suggests HAPP may be oversold. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for HAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for HAPP suggests a possible start of a new 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)
NASDAQ:HAPP (3/13/2023, 8:00:01 PM)
4.5
+0.06 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.35%
1 Week-6.05%
2 Weeks-0.39%
1 Month-16.82%
3 Month-13.61%
6 Month25.07%
12 Month-32.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%7.51%
ATR Inc-35.47%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.7
Mansfield0.98
10 Day High4.99
10 Day Low4.4
20 Day High5.37
20 Day Low4.4
52 Week High7.4
52 Week Low2.08
CS1 End4.43
CR1 Start4.62
Volume & EV
DER(3)-5.22%
DER(5)-11.89%
Volume1.50K
Volume Incr-69.37%
Vol(5)3.12K
Vol(50)14.69K