HOFSETH BIOCARE ASA (HBC.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:HBC • NO0010598683
Taking everything into account, HBC scores 2 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.
- 96% of all other stocks performed better in the past year than HBC.
- HBC is one of the lesser performing stocks in the Biotechnology industry. 63% of 84 stocks in the same industry do better.
- 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 1.15 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.43
5 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.64 from a trend line in the weekly time frame.
- Resistance @1.84 from a trend line in the weekly time frame.
- Resistance @1.88 from a trend line in the daily time frame.
- Resistance @1.98 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 | UP | POSITIVE | The short term trend for HBC.OL is up. |
| ChartMill Relative Strength | 4.26 | NEGATIVE | HBC.OL has a low relative strength, it was outperformed by 95.74% 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) | DOWN | MIXED | The current price of HBC.OL is above 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) | 58.86 | NEUTRAL | The RSI value for HBC.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HBC.OL has a positive trend. |
| Stochastics (14,3) | 92.53 | OVERBOUGHT | The high Stochastics value suggests HBC.OL may be overbought. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for HBC.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.55 | NEGATIVE | The low ADX value for HBC.OL suggests a weak or negative trend. |
OSL:HBC (2/3/2026, 2:24:48 PM)
1.445
-0.05 (-3.34%)
HOFSETH BIOCARE ASA / HBC.OL 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 58.863. 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 0.0278733, indicating a bearish trend.
What is the support and resistance level for HBC stock?
HOFSETH BIOCARE ASA (HBC.OL) has a resistance level at 1.64. Check the full technical report for our detailed analysis of HBC.OL support and resistance levels.