HEMISPHERX BIOPHARMA INC (HEB) Technical Analysis
NYSEARCA:HEB
Current stock price
HEB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HEB. HEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HEB is a bad performer in the overall market: 100% of all stocks are doing better.
- HEB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month HEB has a been trading in the 1.69 - 2.44 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.
- Considerably lower volume is observed in the last couple of days.
HEB Weekly and Daily overview Charts
HEB Setup Rating and Analysis
Although the technical rating is bad, HEB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
HEB Support and Resistance Analysis
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.
HEB 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 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. |
HEB Chart- and CandleStick Pattern Analysis
HEB Technicals: Chart, Performance Metrics, Trend & Indicators
1.8
-0.01 (-0.55%)
HEMISPHERX BIOPHARMA INC / HEB TA FAQ
What is the technical rating for HEB stock?
ChartMill assigns a technical rating of 0 / 10 to HEB.
Can you provide the trend direction for HEMISPHERX BIOPHARMA INC?
The current trend direction for HEMISPHERX BIOPHARMA INC (HEB) is Bearish.
Can you provide the RSI signal for HEMISPHERX BIOPHARMA INC?
HEMISPHERX BIOPHARMA INC (HEB) has an RSI value of 23.5689. This indicates that the stock is currently oversold.
What is the MACD signal for HEMISPHERX BIOPHARMA INC (HEB) stock?
The MACD indicator for HEMISPHERX BIOPHARMA INC (HEB) has a value of 0.0691347, indicating a bearish trend.
What is the short term momentum for HEB stock?
The short term momentum for HEMISPHERX BIOPHARMA INC (HEB) is negative.