HOFSETH BIOCARE ASA (HBC.OL) Stock Technical Analysis
OSL:HBC - Euronext Oslo - NO0010598683 - Common Stock - Currency: NOK
Taking everything into account, HBC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HBC was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, HBC is a bad performer in the overall market: 78% of all stocks are doing better.
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 73 other stocks in this industry, HBC did better than 68% of them.
HBC 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 HBC is lagging the market slightly.
In the last month HBC has a been trading in the 1.76 - 2.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.19, a Stop Loss order could be placed below this zone.
More info and screens
1.86
3.08
We found 2 important support areas.
- A support zone ranging from 2.18 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.88 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.30 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.41 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.05 from a trend line in the weekly 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 HBC.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBC.OL is neutral. |
| ChartMill Relative Strength | 22.16 | NEGATIVE | HBC.OL has a low relative strength, it was outperformed by 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBC.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBC.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBC.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HBC.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.1 | NEUTRAL | The Stochastics value for HBC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for HBC.OL suggests a weak or negative 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)
OSL:HBC (5/28/2025, 7:00:00 PM)
2.19
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-4.37%
2 Weeks-6.01%
1 Month13.77%
3 Month-26.26%
6 Month69.11%
12 Month3.3%
2 Year-30.25%
3 Year-40.49%
5 Year-75.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.84%
ATR Inc30.8%
Range Today0.17
ADR(20)0.21
ADR(20)%9.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.16
Mansfield0.54
10 Day High2.6
10 Day Low2.02
20 Day High2.6
20 Day Low1.76
52 Week High3.6
52 Week Low1.16
CS1 End2.19
CR1 Start2.3
Volume & EV
DER(3)0%
DER(5)0%
Volume14.87K
Volume Incr-70.98%
Vol(5)27.27K
Vol(50)69.81K