HEALTHCARE TRIANGLE INC (HCTI) Technical Analysis
NASDAQ:HCTI • US42227W4050
Current stock price
HCTI Technical Rating and Analysis
Overall HCTI gets a technical rating of 0 out of 10. HCTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HCTI is a bad performer in the overall market: 100% of all stocks are doing better.
- HCTI is one of the lesser performing stocks in the Health Care Technology industry. 97% of 35 stocks in the same industry do better.
- HCTI 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 HCTI has a been trading in the 2.24 - 3.28 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
HCTI Weekly and Daily overview Charts
HCTI Setup Rating and Analysis
HCTI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for HCTI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HCTI Support and Resistance Analysis
2.46
We can see 2 important resistance areas.
- A resistance zone ranging from 2.48 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.61 from a horizontal line in the daily time frame.
HCTI Technical Indicator Signal Analysis
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 HCTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCTI is down. |
| ChartMill Relative Strength | 0.34 | NEGATIVE | HCTI has a low relative strength, it was outperformed by 99.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HCTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HCTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HCTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.17 | OVERSOLD | The low RSI value suggests HCTI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests HCTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.1 | NEUTRAL | The Stochastics value for HCTI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for HCTI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for HCTI suggests a weak or negative trend. |
HCTI Chart- and CandleStick Pattern Analysis
HCTI Technicals: Chart, Performance Metrics, Trend & Indicators
2.48
+0.05 (+2.06%)
HEALTHCARE TRIANGLE INC / HCTI TA FAQ
Can you provide the ChartMill technical rating for HEALTHCARE TRIANGLE INC?
ChartMill assigns a technical rating of 0 / 10 to HCTI.
Can you provide the trend direction for HEALTHCARE TRIANGLE INC?
The current trend direction for HEALTHCARE TRIANGLE INC (HCTI) is Bearish.
Can you provide the RSI signal for HEALTHCARE TRIANGLE INC?
HEALTHCARE TRIANGLE INC (HCTI) has an RSI value of 29.1743. This indicates that the stock is currently oversold.
What is the buy/sell signal for HCTI stock?
The buy/sell signal for HEALTHCARE TRIANGLE INC (HCTI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for HEALTHCARE TRIANGLE INC (HCTI) stock?
HEALTHCARE TRIANGLE INC (HCTI) has a resistance level at 2.48. Check the full technical report for our detailed analysis of HCTI support and resistance levels.