Taking everything into account, HCM scores 0 out of 10 in our technical rating. HCM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HCM 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.
More info and screens
13.10
2 important support areas can be observed.
- A support zone ranging from 13.94 to 14.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.23 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 14.52 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.09 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.58 to 15.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.24 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 HCM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCM is down. |
| ChartMill Relative Strength | 25.02 | NEGATIVE | HCM has a low relative strength, it was outperformed by 74.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HCM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.92 | NEUTRAL | The RSI value for HCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HCM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.41 | NEUTRAL | The Stochastics value for HCM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for HCM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for HCM suggests a strong trend. |
14.32
+0.06 (+0.42%)
HUTCHMED CHINA-ADR / HCM FAQ
Can you provide the ChartMill technical rating for HUTCHMED CHINA-ADR?
ChartMill assigns a technical rating of 0 / 10 to HCM.
What is the current trend direction of HUTCHMED CHINA-ADR (HCM) stock?
The current trend direction for HUTCHMED CHINA-ADR (HCM) is Bearish.
Can you provide the RSI signal for HUTCHMED CHINA-ADR?
HUTCHMED CHINA-ADR (HCM) has an RSI value of 38.9167. This indicates that the stock is currently neutral.
What is the short term momentum for HCM stock?
The short term momentum for HUTCHMED CHINA-ADR (HCM) is negative.
Can you provide the buy/sell signal for HUTCHMED CHINA-ADR?
The buy/sell signal for HUTCHMED CHINA-ADR (HCM) is sell as both the short term and long term trends are negative.