HOFSETH BIOCARE ASA (HBC.OL) Technical Analysis
OSL:HBC • NO0010598683
Current stock price
HBC.OL Technical Rating and Analysis
Taking everything into account, HBC scores 2 out of 10 in our technical rating. In the past year, HBC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 84% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so HBC is lagging the market.
- In the last month HBC has a been trading in the 1.22 - 1.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HBC is an average performer in the Biotechnology industry, it outperforms 46% of 80 stocks in the same industry.
HBC.OL Weekly and Daily overview Charts
HBC.OL Setup Rating and Analysis
Although the technical rating is bad, HBC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HBC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HBC.OL Support and Resistance Analysis
1.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.35 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.76 from a trend line in the weekly time frame.
- Resistance @1.94 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for HBC.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBC.OL is neutral. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | HBC.OL has a low relative strength, it was outperformed by 83.04% 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) | DOWN | NEGATIVE | The current price of HBC.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.67 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HBC.OL has a positive trend. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for HBC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 8.68 | NEGATIVE | The low ADX value for HBC.OL suggests a weak or negative trend. |
HBC.OL Chart- and CandleStick Pattern Analysis
HBC.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:HBC (3/16/2026, 1:22:44 PM)
1.36
-0.04 (-2.86%)
HOFSETH BIOCARE ASA / HBC.OL TA FAQ
Can you provide the ChartMill technical rating for HOFSETH BIOCARE ASA?
ChartMill assigns a technical rating of 2 / 10 to HBC.OL.
What is the trend direction for HBC stock?
The current trend direction for HOFSETH BIOCARE ASA (HBC.OL) is Bearish.
What is the RSI signal for HBC stock?
HOFSETH BIOCARE ASA (HBC.OL) has an RSI value of 54.6696. This indicates that the stock is currently neutral.
What is the MACD signal for HBC stock?
The MACD indicator for HOFSETH BIOCARE ASA (HBC.OL) has a value of 0.00659074, indicating a bearish trend.
What is the support and resistance level for HBC stock?
HOFSETH BIOCARE ASA (HBC.OL) has a support level at 1.4 and a resistance level at 1.5. Check the full technical report for our detailed analysis of HBC.OL support and resistance levels.