HARVARD BIOSCIENCE INC (HBIO) Stock Technical Analysis
NASDAQ:HBIO - Nasdaq - US4169061052 - Common Stock - Currency: USD
Taking everything into account, HBIO scores 4 out of 10 in our technical rating. In the past year, HBIO 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.
96% of all other stocks performed better in the past year than HBIO.
HBIO is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, of which 88% are performing better than HBIO.
HBIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HBIO is lagging the market.
HBIO has an average volume of 14726300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month HBIO has a been trading in the 0.28 - 0.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HBIO has an average technical rating and also the quality of the setup is only medium 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
0.48
0.61
When analyzing the support we can see 2 important areas.
- Support @0.53 from a trend line in the daily time frame.
- Support @0.48 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.60 from a horizontal 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 | UP | POSITIVE | The short term trend for HBIO is up. |
| ChartMill Relative Strength | 4.31 | NEGATIVE | HBIO has a low relative strength, it was outperformed by 95.69% off all stocks 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 | NEGATIVE | The current price of HBIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.75 | NEUTRAL | The RSI value for HBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HBIO has a positive trend. |
| Stochastics (14,3) | 42.92 | NEUTRAL | The Stochastics value for HBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 20.93 | HIGH VOLATILITY | The high ATR as a percentage value for HBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 49.45 | POSITIVE | The high ADX value value for HBIO suggests a strong 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)
0.5317
+0.04 (+9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg9%
1 Week1.59%
2 Weeks28.74%
1 Month63%
3 Month-16.41%
6 Month-74.8%
12 Month-81.15%
2 Year-90.32%
3 Year-85.23%
5 Year-82.85%
10 Year-90.67%
15 Year-85.06%
Volatility
ATR(14)0.08
ATR(20)%20.93%
ATR Inc-50.64%
Range Today0.09
ADR(20)0.11
ADR(20)%19.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.31
Mansfield-7.12
10 Day High0.65
10 Day Low0.37
20 Day High0.95
20 Day Low0.28
52 Week High3.6
52 Week Low0.28
CS1 End0.53
CR1 Start0.6
Volume & EV
DER(3)0.21%
DER(5)-2.12%
Volume1.95M
Volume Incr-97.01%
Vol(5)1.06M
Vol(50)14.73M