HEMISPHERX BIOPHARMA INC (HEB) Stock Technical Analysis
USA - NYSEARCA:HEB -
Taking everything into account, HEB scores 0 out of 10 in our technical rating. HEB'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.
HEB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.93. Right above this resistance zone may be a good entry point.
More info and screens
1.78
We can see 4 important resistance areas.
- A resistance zone ranging from 1.93 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.97 from a trend line in the daily time frame.
- A resistance zone ranging from 3.03 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.38 from a trend line in the weekly 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 HEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEB is down. |
| ChartMill Relative Strength | 0.78 | NEGATIVE | HEB has a low relative strength, it was outperformed by 99.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.57 | OVERSOLD | The low RSI value suggests HEB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HEB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.54 | NEUTRAL | The Stochastics value for HEB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.88 | HIGH VOLATILITY | The high ATR as a percentage value for HEB suggests high volalility. |
1.8
-0.01 (-0.55%)
HEMISPHERX BIOPHARMA INC / HEB FAQ
What is the technical rating for HEB stock?
ChartMill assigns a technical rating of 0 / 10 to HEB.
What is the trend direction for HEB stock?
The current trend direction for HEMISPHERX BIOPHARMA INC (HEB) is Bearish.
What is the RSI signal for HEMISPHERX BIOPHARMA INC (HEB) stock?
HEMISPHERX BIOPHARMA INC (HEB) has an RSI value of 23.5689. This indicates that the stock is currently oversold.
What is the short term momentum for HEMISPHERX BIOPHARMA INC (HEB) stock?
The short term momentum for HEMISPHERX BIOPHARMA INC (HEB) is negative.
What is the buy/sell signal for HEMISPHERX BIOPHARMA INC (HEB) stock?
The buy/sell signal for HEMISPHERX BIOPHARMA INC (HEB) is sell as both the short term and long term trends are negative.