TURTLE BEACH CORP (HEAR) Stock Technical Analysis
NASDAQ:HEAR - Nasdaq - US9004502061 - Common Stock - Currency: USD
Overall HEAR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HEAR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HEAR is one of the better performing stocks in the market, outperforming 90% of all stocks.
HEAR is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. HEAR outperforms 93% of them.
HEAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HEAR is performing more or less in line with the market.
In the last month HEAR has a been trading in the 15.68 - 19.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HEAR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HEAR 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
14.30
18.75
We found 4 important support areas.
- A support zone ranging from 16.44 to 16.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.79 to 16.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.86 from a horizontal line in the weekly time frame.
- Support @14.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.56 to 18.56. 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 | UP | POSITIVE | The long term trend for HEAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HEAR is up. |
| ChartMill Relative Strength | 90.98 | POSITIVE | HEAR has a high relative strength, it outperformed 90.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HEAR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HEAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for HEAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HEAR has a positive trend. |
| Stochastics (14,3) | 68.39 | NEUTRAL | The Stochastics value for HEAR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for HEAR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for HEAR suggests a weak or negative trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.57 | 16.43 | 2.14 (11.52%) | 8.68% |
| An entry @18.57. This is a Buy Stop order right above the resistance zone. | An exit @16.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.14 points, which is 11.52%. | For a 1.00% total portfolio risk, you can invest 8.68% of your capital in this trade. |
- 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.
17.47
-0.06 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.34%
1 Week3.25%
2 Weeks8.11%
1 Month-2.94%
3 Month16.93%
6 Month17.33%
12 Month69.28%
2 Year83.89%
3 Year-14.03%
5 Year116.75%
10 Year96.73%
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%4.14%
ATR Inc-14.97%
Range Today0.57
ADR(20)0.71
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.98
Mansfield0.69
10 Day High17.94
10 Day Low15.68
20 Day High19
20 Day Low15.68
52 Week High19
52 Week Low9.85
CS1 End16.87
CR1 Start18.56
Volume & EV
DER(3)0.24%
DER(5)3.13%
Volume156.60K
Volume Incr-28.01%
Vol(5)137.66K
Vol(50)186.77K