HEALTHY CHOICE WELLNESS CORP (HCWC) Technical Analysis
NYSEARCA:HCWC • US42227T1051
Overall HCWC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HCWC was also a bad performer in the overall market in the last year.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than HCWC.
- HCWC is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 81% are performing better than HCWC.
- HCWC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HCWC is lagging the market.
- HCWC has an average volume of 1762850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HCWC has a been trading in the 0.25 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HCWC 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 0.26, a Stop Loss order could be placed below this zone.
More info and screens
0.25
We found 3 important support areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HCWC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCWC is neutral. |
| ChartMill Relative Strength | 15.08 | NEGATIVE | HCWC has a low relative strength, it was outperformed by 84.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCWC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCWC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HCWC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.62 | NEUTRAL | The RSI value for HCWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HCWC has a positive trend. |
| Stochastics (14,3) | 29.71 | NEUTRAL | The Stochastics value for HCWC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.01 | HIGH VOLATILITY | The high ATR as a percentage value for HCWC suggests high volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for HCWC suggests a weak or negative trend. |
HCWC Technicals: Chart, Performance Metrics, Trend & Indicators
0.296
+0.01 (+2.46%)
HEALTHY CHOICE WELLNESS CORP / HCWC FAQ
What is the technical rating for HCWC stock?
ChartMill assigns a technical rating of 1 / 10 to HCWC.
What is the trend direction for HCWC stock?
The current trend direction for HEALTHY CHOICE WELLNESS CORP (HCWC) is Bearish.
What is the RSI signal for HEALTHY CHOICE WELLNESS CORP (HCWC) stock?
HEALTHY CHOICE WELLNESS CORP (HCWC) has an RSI value of 51.6172. This indicates that the stock is currently neutral.
What is the MACD signal for HEALTHY CHOICE WELLNESS CORP (HCWC) stock?
The MACD indicator for HEALTHY CHOICE WELLNESS CORP (HCWC) has a value of 0.00119234, indicating a bearish trend.
What is the short term momentum for HCWC stock?
The short term momentum for HEALTHY CHOICE WELLNESS CORP (HCWC) is neutral.