Overall HBIO gets a technical rating of 6 out of 10. In the last year, HBIO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
HBIO has an average technical rating and it also does not offer a high 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.
0.40
When analyzing the support we can see 3 important areas.
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 HBIO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBIO is up. |
| ChartMill Relative Strength | 30.26 | NEUTRAL | HBIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HBIO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.84 | NEUTRAL | The RSI value for HBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HBIO has a positive trend. |
| Stochastics (14,3) | 91.64 | OVERBOUGHT | The high Stochastics value suggests HBIO may be overbought. |
| Average True Range in percent/ATR (20) | 11.14 | HIGH VOLATILITY | The high ATR as a percentage value for HBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.35 | POSITIVE | The high ADX value value for HBIO suggests a strong trend. |
0.761
+0.01 (+1.55%)
ChartMill assigns a technical rating of 6 / 10 to HBIO.
The current trend direction for HARVARD BIOSCIENCE INC (HBIO) is Bearish.
HARVARD BIOSCIENCE INC (HBIO) has an RSI value of 67.8397. This indicates that the stock is currently neutral.
The MACD indicator for HARVARD BIOSCIENCE INC (HBIO) has a value of 0.0116138, indicating a bearish trend.