HEALTH CATALYST INC (HCAT) Technical Analysis
NASDAQ:HCAT • US42225T1079
We assign a technical rating of 0 out of 10 to HCAT. HCAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HCAT is a bad performer in the overall market: 93% of all stocks are doing better.
- HCAT 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 HCAT is lagging the market.
- HCAT is an average performer in the Health Care Technology industry, it outperforms 41% of 35 stocks in the same industry.
- In the last month HCAT has a been trading in the 1.56 - 2.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HCAT is bad and it also does not present a 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.
More info and screens
1.89
When analyzing the resistance we notice 3 important areas.
- Resistance @1.91 from a trend line in the daily time frame.
- A resistance zone ranging from 1.96 to 1.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.02 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 HCAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCAT is down. |
| ChartMill Relative Strength | 7.95 | NEGATIVE | HCAT has a low relative strength, it was outperformed by 92.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HCAT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HCAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HCAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for HCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HCAT has a positive trend. |
| Stochastics (14,3) | 85.06 | OVERBOUGHT | The high Stochastics value suggests HCAT may be overbought. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for HCAT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for HCAT suggests a weak or negative trend. |
HCAT Technicals: Chart, Performance Metrics, Trend & Indicators
1.91
-0.04 (-2.05%)
HEALTH CATALYST INC / HCAT FAQ
What is the technical rating for HCAT stock?
ChartMill assigns a technical rating of 0 / 10 to HCAT.
Can you provide the trend direction for HEALTH CATALYST INC?
The current trend direction for HEALTH CATALYST INC (HCAT) is Bearish.
Can you provide the RSI signal for HEALTH CATALYST INC?
HEALTH CATALYST INC (HCAT) has an RSI value of 48.708. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEALTH CATALYST INC?
The MACD indicator for HEALTH CATALYST INC (HCAT) has a value of 0.0397194, indicating a bearish trend.
What is the support and resistance level for HCAT stock?
HEALTH CATALYST INC (HCAT) has a resistance level at 1.91. Check the full technical report for our detailed analysis of HCAT support and resistance levels.