HEALTH CATALYST INC (HCAT) Stock Technical Analysis
NASDAQ:HCAT - Nasdaq - US42225T1079 - Common Stock - Currency: USD
Overall HCAT gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than HCAT.
HCAT is one of the lesser performing stocks in the Health Care Technology industry. 68% of 36 stocks in the same industry do better.
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 3.54 - 4.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is bad, HCAT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.59, a Stop Loss order could be placed below this zone.
More info and screens
3.53
7.35
When analyzing the support we notice one important area.
- A support zone ranging from 3.57 to 3.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.85 to 3.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.17 from a horizontal line in the daily time frame.
- Resistance @4.60 from a horizontal line in the daily time frame.
- Resistance @7.28 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 | 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 | 6.95 | NEGATIVE | HCAT has a low relative strength, it was outperformed by 93.05% 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) | 39.22 | NEUTRAL | The RSI value for HCAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HCAT has a negative trend. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests HCAT may be oversold. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for HCAT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for HCAT suggests a weak or negative 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)
3.65
-0.1 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-2.67%
1 Week-6.17%
2 Weeks-10.1%
1 Month0%
3 Month-4.95%
6 Month-33.52%
12 Month-49.72%
2 Year-73.98%
3 Year-78.2%
5 Year-89.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.02%
ATR Inc-9.01%
Range Today0.18
ADR(20)0.18
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.95
Mansfield-4.37
10 Day High4.12
10 Day Low3.61
20 Day High4.13
20 Day Low3.54
52 Week High9.24
52 Week Low3.49
CS1 End3.59
CR1 Start3.85
Volume & EV
DER(3)0.69%
DER(5)0.77%
Volume450.80K
Volume Incr-31.68%
Vol(5)403.00K
Vol(50)574.01K