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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than HCTI.
- HCTI is part of the Health Care Technology industry. There are 35 other stocks in this industry, of which 94% are performing better than HCTI.
- HCTI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so HCTI is lagging the market.
- In the last month HCTI has a been trading in the 2.28 - 3.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- HCTI has an average volume of 10798800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
HCTI Weekly and Daily overview Charts
HCTI Setup Rating and Analysis
Although the technical rating is bad, HCTI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
HCTI Support and Resistance Analysis
2.45
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.70 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 0.16 | NEGATIVE | HCTI has a low relative strength, it was outperformed by 99.84% 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) | 23.46 | OVERSOLD | The low RSI value suggests HCTI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests HCTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.47 | OVERSOLD | The low Stochastics value suggests HCTI may be oversold. |
| Average True Range in percent/ATR (20) | 13.49 | HIGH VOLATILITY | The high ATR as a percentage value for HCTI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.02 | 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
2.47
-0.07 (-2.76%)
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 23.4592. 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 2.7. Check the full technical report for our detailed analysis of HCTI support and resistance levels.