HCW BIOLOGICS INC (HCWB)

US40423R1059 - Common Stock

1.75  -0.01 (-0.57%)

After market: 1.7876 +0.04 (+2.15%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to HCWB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HCWB is showing a nice and steady performance.

Warning: HCWB has an average volume of 17722 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
HCWB is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 592 stocks in the same industry.
HCWB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that HCWB is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HCWB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HCWB is lagging the market.
Weekly and Daily overview Charts
HCWB Weekly chart
HCWB Daily chart
Setup Rating and Analysis

6

HCWB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.76. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

1.08

2.31

When analyzing the support we can see 5 important areas.

  • Support @1.74 from a trend line in the daily time frame.
  • A support zone ranging from 1.69 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.56 from a trend line in the daily time frame.
  • Support @1.25 from a trend line in the daily time frame.
  • A support zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.87 from a trend line in the weekly time frame.
  • Resistance @2.29 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.97
Mansfield-0.77
10 Day High1.79
10 Day Low1.41
20 Day High1.82
20 Day Low1.4
52 Week High2.32
52 Week Low0.91
Performance
1 Week2.34%
2 Weeks21.53%
1 Month19.05%
3 Month42.86%
6 Month-7.89%
12 Month24.91%
2 Year-35.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)63.52
LBB1.43
UBB1.87
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.791.730.06 (3.35%)25.00%
An entry @1.79. This is a Buy Stop order right above the resistance zone.An exit @1.73. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.06 points, which is 3.35%.For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of HCWB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HCWB Daily chart

HCW BIOLOGICS INC

NASDAQ:HCWB (3/28/2024, 8:15:04 PM)

After market: 1.7876 +0.04 (+2.15%)

1.75

-0.01 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.57%
1 Week2.34%
2 Weeks21.53%
1 Month19.05%
3 Month42.86%
6 Month-7.89%
12 Month24.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%8.31%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.79
10 Day Low1.41
20 Day High1.82
20 Day Low1.4
52 Week High2.32
52 Week Low0.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.60K
Volume Incr-82.48%
Vol(5)6.12K
Vol(50)17.72K