HUTCHMED CHINA-ADR (HCM)       13.65  -0.24 (-1.73%)

13.65  -0.24 (-1.73%)

US44842L1035 - ADR - After market: 13.65 0 (0%)

Technical Rating

Taking everything into account, HCM scores 4 out of 10 in our technical rating. In the past year, HCM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
HCM is an average performer in the Pharmaceuticals industry, it outperforms 64% of 264 stocks in the same industry.
In the last month HCM has a been trading in the 11.61 - 15.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
73% of all other stocks performed better in the past year than HCM.
HCM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 7.40% 42.48% -49.74% -63.76% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 27.14 8.405 - 42.93
HCM Weekly chart
HCM Daily chart

Support/Resistance Analysis


11.76

15.69
3 important support areas can be observed.
  • A support zone ranging from 13.59 to 13.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.52 to 12.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
  • A resistance zone ranging from 15.53 to 15.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

HCM has an average technical rating and also the quality of the setup is only medium 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.


HCM Daily chart

HUTCHMED CHINA-ADR13.65

NASDAQ:HCM (8/16/2022, 7:00:02 PM)-0.24 (-1.73%)

After market: 13.65 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Pharmaceuticals
Performance
Today -1.73% 1 Week -0.07%
2 Weeks 14.8% 1 Month 7.4%
3 Month 42.48% 6 Month -49.74%
Volatility
ATR(14) 0.84 ATR(20)% 5.94%
ATR Inc -60.84% Range Today 0.51
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 27.14 Mansfield -4.09
10 Day High 15.05 10 Day Low 11.7
20 Day High 15.05 20 Day Low 11.61
52 Week High 42.93 52 Week Low 8.4
CS1 End 13.65 CR1 Start 15.53
Volume & EV
DER(3) 0.16% DER(5) -0.97%
Volume 152.30K Volume Incr -29.19%
Vol(5) 203.06K Vol(50) 539.04K

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