HCAT Technical Analysis - HEALTH CATALYST INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to HCAT. HCAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

97% of all other stocks performed better in the past year than HCAT.

HCAT is part of the Health Care Technology industry. There are 35 other stocks in this industry, of which 76% are performing better than HCAT.

HCAT 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 HCAT has a been trading in the 2.73 - 3.42 range, which is quite wide. It is currently trading near the lows of this range.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

HEALTH CATALYST INC / HCAT Weekly stock chart

HEALTH CATALYST INC / HCAT Daily stock chart

Setup Rating and Analysis

HCAT has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.76

4.20

We found 1 important support area.

Support @2.79 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

Resistance @3.18 from a trend line in the daily time frame.
A resistance zone ranging from 3.25 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @4.16 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	3.38	NEGATIVE	HCAT has a low relative strength, it was outperformed by 96.62% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HCAT is below 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)	43.75	NEUTRAL	The RSI value for HCAT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests HCAT has a negative trend, although the MACD value is rising.
Stochastics (14,3)	17.56	OVERSOLD	The low Stochastics value suggests HCAT may be oversold.
Average True Range in percent/ATR (20)	5.31	HIGH VOLATILITY	The high ATR as a percentage value for HCAT suggests high volalility.
Average Directional Index/ADX (14)	19.25	NEGATIVE	The low ADX value for HCAT suggests a weak or negative trend.