HUTCHMED CHINA-ADR (HCM)

US44842L1035 - ADR

18.41  +0.16 (+0.88%)

After market: 18.41 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, HCM scores 8 out of 10 in our technical rating. In the last year, HCM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The long and short term trends are both positive. This is looking good!
HCM is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 81% of 198 stocks in the same industry.
HCM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HCM is performing more or less in line with the market.
In the last month HCM has a been trading in the 16.07 - 18.73 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HCM did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
HCM Weekly chart
HCM Daily chart
Setup Rating and Analysis

2

Although HCM has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

12.08

20.07

3 important support areas can be observed.

  • A support zone ranging from 16.25 to 16.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.13 from a trend line in the weekly time frame.
  • Support @12.20 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 19.70 to 19.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.89
Mansfield0.73
10 Day High18.73
10 Day Low16.07
20 Day High18.73
20 Day Low16.07
52 Week High20.73
52 Week Low10.68
Performance
1 Week11.91%
2 Weeks4.42%
1 Month10.57%
3 Month40.11%
6 Month-0.32%
12 Month20.8%
2 Year22%
3 Year-34.92%
5 Year-38.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)62.62
LBB15.82
UBB18.76
HCM Daily chart

HUTCHMED CHINA-ADR

NASDAQ:HCM (4/24/2024, 7:07:13 PM)

After market: 18.41 0 (0%)

18.41

+0.16 (+0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.88%
1 Week11.91%
2 Weeks4.42%
1 Month10.57%
3 Month40.11%
6 Month-0.32%
12 Month20.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.73
ATR(20)%3.46%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.73
10 Day Low16.07
20 Day High18.73
20 Day Low16.07
52 Week High20.73
52 Week Low10.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume57.70K
Volume Incr-26.87%
Vol(5)115.40K
Vol(50)140.29K