HUTCHMED CHINA-ADR (HCM) Stock Technical Analysis
NASDAQ:HCM - Nasdaq - US44842L1035 - ADR - Currency: USD
Taking everything into account, HCM scores 5 out of 10 in our technical rating. In the last year, HCM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
77% of all other stocks performed better in the past year than HCM.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month HCM has a been trading in the 12.98 - 15.38 range, which is quite wide. It is currently trading near the high of this range.
HCM is an average performer in the Pharmaceuticals industry, it outperforms 51% of 195 stocks in the same industry.
HCM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HCM is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HCM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.95
19.98
We found 3 important support areas.
- Support @15.15 from a trend line in the daily time frame.
- Support @13.52 from a trend line in the weekly time frame.
- A support zone ranging from 13.08 to 13.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @15.86 from a trend line in the daily time frame.
- Resistance @16.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.53 to 16.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.78 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 | NEUTRAL | NEUTRAL | The long term trend for HCM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HCM is up. |
| ChartMill Relative Strength | 23.11 | NEGATIVE | HCM has a low relative strength, it was outperformed by 76.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.98 | NEUTRAL | The RSI value for HCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests HCM has a positive trend. |
| Stochastics (14,3) | 94.46 | OVERBOUGHT | The high Stochastics value suggests HCM may be overbought. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for HCM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for HCM 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)
15.26
-0.04 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.26%
1 Week10.1%
2 Weeks15.43%
1 Month4.52%
3 Month-7.68%
6 Month-10.55%
12 Month-14.08%
2 Year27.17%
3 Year20.73%
5 Year-44.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%3.32%
ATR Inc-0.35%
Range Today0.29
ADR(20)0.41
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.11
Mansfield-1.1
10 Day High15.38
10 Day Low13.1
20 Day High15.38
20 Day Low12.98
52 Week High21.5
52 Week Low11.51
CS1 End15.15
CR1 Start15.86
Volume & EV
DER(3)6.3%
DER(5)6.63%
Volume146.70K
Volume Incr74.87%
Vol(5)111.08K
Vol(50)96.24K