HEALTHCARE TRIANGLE INC (HCTI) Stock Technical Analysis
USA - NASDAQ:HCTI - US42227W3060 - Common Stock
Overall HCTI gets a technical rating of 1 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.
HCTI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.67, a Stop Loss order could be placed below this zone. 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
2.38
We found 2 important support areas.
- A support zone ranging from 2.62 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.40 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.81 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.99 to 3.02. This zone is formed by a combination of multiple trend lines in the daily 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 HCTI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCTI is neutral. |
| ChartMill Relative Strength | 2.46 | NEGATIVE | HCTI has a low relative strength, it was outperformed by 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HCTI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCTI is above the rising 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) | 50.5 | NEUTRAL | The RSI value for HCTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HCTI has a positive trend. |
| Stochastics (14,3) | 33.87 | NEUTRAL | The Stochastics value for HCTI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for HCTI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.82 | NEGATIVE | The low ADX value for HCTI suggests a weak or negative trend. |
2.78
+0.13 (+4.91%)
HEALTHCARE TRIANGLE INC / HCTI FAQ
Can you provide the ChartMill technical rating for HEALTHCARE TRIANGLE INC?
ChartMill assigns a technical rating of 1 / 10 to HCTI.
What is the current trend direction of HEALTHCARE TRIANGLE INC (HCTI) stock?
The current trend direction for HEALTHCARE TRIANGLE INC (HCTI) is Bearish.
What is the RSI signal for HEALTHCARE TRIANGLE INC (HCTI) stock?
HEALTHCARE TRIANGLE INC (HCTI) has an RSI value of 50.5009. This indicates that the stock is currently neutral.
What are the support and resistance levels for HEALTHCARE TRIANGLE INC (HCTI) stock?
HEALTHCARE TRIANGLE INC (HCTI) has a support level at 2.67 and a resistance level at 2.81. Check the full technical report for our detailed analysis of HCTI support and resistance levels.