HARVARD BIOSCIENCE INC (HBIO) Stock Technical Analysis
NASDAQ:HBIO - US4169061052 - Common Stock
0.489 USD
+0.01 (+2.71%)
0.4957 USD
+0.01 (+1.37%)
Overall HBIO gets a technical rating of 1 out of 10. HBIO 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than HBIO.
HBIO is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, of which 79% are performing better than HBIO.
HBIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HBIO has a been trading in the 0.42 - 0.57 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HBIO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.51. Right above this resistance zone may be a good entry point.
More info and screens
0.43
0.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.47 from a trend line in the weekly time frame.
- A support zone ranging from 0.43 to 0.43. 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 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.55 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 HBIO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBIO is neutral. |
| ChartMill Relative Strength | 10.35 | NEGATIVE | HBIO has a low relative strength, it was outperformed by 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HBIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HBIO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.49 | NEUTRAL | The RSI value for HBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HBIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for HBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for HBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for HBIO suggests a possible start of a new 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)
0.489
+0.01 (+2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.71%
1 Week-7.56%
2 Weeks-7.35%
1 Month-13.41%
3 Month45.45%
6 Month-50.61%
12 Month-83.65%
2 Year-88.91%
3 Year-85.18%
5 Year-85.4%
10 Year-88.81%
15 Year-85.83%
Volatility
ATR(14)0.04
ATR(20)%7.98%
ATR Inc-15.34%
Range Today0.04
ADR(20)0.04
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.35
Mansfield-6.69
10 Day High0.54
10 Day Low0.47
20 Day High0.57
20 Day Low0.42
52 Week High3.27
52 Week Low0.28
CS1 End0.48
CR1 Start0.51
Volume & EV
DER(3)-16.58%
DER(5)-11.04%
Volume404.60K
Volume Incr-56.83%
Vol(5)342.70K
Vol(50)955.42K