HELIX BIOPHARMA CORP (HBP.CA) Stock Technical Analysis
TSX:HBP - CA4229102088 - Common Stock
1.4 CAD
+0.04 (+2.94%)
Overall HBP gets a technical rating of 8 out of 10. Although HBP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: HBP has an average volume of 10687 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
HBP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HBP has a been trading in the 0.98 - 1.47 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that HBP is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HBP is part of the Biotechnology industry. There are 24 other stocks in this industry, HBP did better than 65% of them.
Although HBP has an excellent technical rating, the quality of the presented setup is not ideal 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
0.85
1.41
5 important support areas can be observed.
- Support @1.30 from a horizontal line in the daily time frame.
- A support zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.04 from a trend line in the daily time frame.
- Support @0.98 from a trend line in the daily time frame.
- Support @0.86 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for HBP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBP.CA is up. |
| ChartMill Relative Strength | 78.85 | POSITIVE | HBP.CA has a high relative strength, it outperformed 78.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.14 | NEUTRAL | The RSI value for HBP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HBP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.66 | NEUTRAL | The Stochastics value for HBP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for HBP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.21 | POSITIVE | The high ADX value value for HBP.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.48 | 1.29 | 0.19 (12.84%) | 7.79% |
| An entry @1.48. This is a Buy Stop order right above the 10 day high. | An exit @1.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 12.84%. | For a 1.00% total portfolio risk, you can invest 7.79% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:HBP (9/4/2025, 7:00:00 PM)
1.4
+0.04 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.94%
1 Week6.06%
2 Weeks3.7%
1 Month29.63%
3 Month45.83%
6 Month55.56%
12 Month19.15%
2 Year30.23%
3 Year14.29%
5 Year-28.21%
10 Year-86.14%
15 Year-88.93%
Volatility
ATR(14)0.08
ATR(20)%5.93%
ATR Inc-11.76%
Range Today0.06
ADR(20)0.08
ADR(20)%5.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.85
Mansfield2.25
10 Day High1.47
10 Day Low1.25
20 Day High1.47
20 Day Low0.98
52 Week High1.47
52 Week Low0.5
CS1 End1.3
CR1 StartN/A
Volume & EV
DER(3)117.04%
DER(5)79.55%
Volume2.32K
Volume Incr-46.02%
Vol(5)6.79K
Vol(50)10.69K