HOFSETH BIOCARE ASA (HBC.OL) Stock Technical Analysis
OSL:HBC - Euronext Oslo - NO0010598683 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to HBC. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HBC is a bad performer in the overall market: 81% of all stocks are doing better.
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 1.70 - 2.47 range, which is quite wide. It is currently trading near the lows of this range.
HBC is an average performer in the Biotechnology industry, it outperforms 63% of 73 stocks in the same industry.
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
1.73
2.36
We can see 3 important resistance areas.
- A resistance zone ranging from 1.75 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.11 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.34 from a trend 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 | DOWN | NEGATIVE | The long term trend for HBC.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HBC.OL is down. |
| ChartMill Relative Strength | 19.07 | NEGATIVE | HBC.OL has a low relative strength, it was outperformed by 80.93% 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) | 36.57 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HBC.OL has a negative trend. |
| Stochastics (14,3) | 25.82 | NEUTRAL | The Stochastics value for HBC.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.36 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.76 | 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 (6/19/2025, 4:08:54 PM)
1.755
-0.14 (-7.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.39%
1 Week-5.72%
2 Weeks-9.33%
1 Month-20.38%
3 Month-17.61%
6 Month23.45%
12 Month-7.11%
2 Year-28.49%
3 Year-50.13%
5 Year-80.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%10.36%
ATR Inc5.87%
Range Today0.22
ADR(20)0.19
ADR(20)%10.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.07
Mansfield-1.08
10 Day High2.39
10 Day Low1.7
20 Day High2.47
20 Day Low1.7
52 Week High3.6
52 Week Low1.16
CS1 End1.76
CR1 Start2.11
Volume & EV
DER(3)0%
DER(5)0%
Volume6.88K
Volume Incr4.54%
Vol(5)60.22K
Vol(50)63.33K