HOFSETH BIOCARE ASA (HBC.OL) Technical Analysis
OSL:HBC • NO0010598683
Current stock price
HBC.OL Technical Rating and Analysis
Overall HBC gets a technical rating of 1 out of 10. HBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 91% of all other stocks performed better in the past year than HBC.
- HBC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month HBC has a been trading in the 1.25 - 2.01 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- HBC is part of the Biotechnology industry. There are 84 other stocks in this industry, HBC did better than 45% of them.
HBC.OL Weekly and Daily overview Charts
HBC.OL Setup Rating and Analysis
The technical rating of HBC is bad and it also does not present a quality setup 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
HBC.OL Support and Resistance Analysis
1.25
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.49 from a trend line in the daily time frame.
- Resistance @1.69 from a trend line in the weekly time frame.
HBC.OL 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 HBC.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBC.OL is neutral. |
| ChartMill Relative Strength | 9.17 | NEGATIVE | HBC.OL has a low relative strength, it was outperformed by 90.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HBC.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HBC.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBC.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.66 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HBC.OL has a negative trend. |
| Stochastics (14,3) | 11.84 | OVERSOLD | The low Stochastics value suggests HBC.OL may be oversold. |
| Average True Range in percent/ATR (20) | 12.44 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for HBC.OL suggests a possible start of a new trend. |
HBC.OL Chart- and CandleStick Pattern Analysis
HBC.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:HBC (4/17/2026, 7:00:00 PM)
1.26
-0.11 (-8.03%)
HOFSETH BIOCARE ASA / HBC.OL TA FAQ
Can you provide the ChartMill technical rating for HOFSETH BIOCARE ASA?
ChartMill assigns a technical rating of 1 / 10 to HBC.OL.
What is the trend direction for HBC stock?
The current trend direction for HOFSETH BIOCARE ASA (HBC.OL) is Bearish.
Can you provide the RSI signal for HOFSETH BIOCARE ASA?
HOFSETH BIOCARE ASA (HBC.OL) has an RSI value of 37.6588. This indicates that the stock is currently neutral.
What are the support and resistance levels for HOFSETH BIOCARE ASA (HBC.OL) stock?
HOFSETH BIOCARE ASA (HBC.OL) has a resistance level at 1.38. Check the full technical report for our detailed analysis of HBC.OL support and resistance levels.