Hebron Technology CO Ltd (HEBT) Stock Technical Analysis
NASDAQ:HEBT - Nasdaq -
Taking everything into account, HEBT scores 7 out of 10 in our technical rating. HEBT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, HEBT did better than 97% of all other stocks. We also observe that the gains produced by HEBT over the past year are nicely spread over this period.
HEBT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HEBT is lagging the market.
In the last month HEBT has a been trading in the 12.95 - 16.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HEBT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.34
18.18
We found 4 important support areas.
- Support @13.68 from a trend line in the daily time frame.
- A support zone ranging from 12.91 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.29 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.44 from a trend line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 14.12 to 14.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.79 from a trend line in the daily time frame.
- Resistance @15.11 from a horizontal line in the daily time frame.
- Resistance @15.64 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.95 to 16.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.00 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for HEBT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HEBT is neutral. |
| ChartMill Relative Strength | 97.41 | POSITIVE | HEBT has a high relative strength, it outperformed 97.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HEBT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEBT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.67 | NEUTRAL | The RSI value for HEBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HEBT has a positive trend. |
| Stochastics (14,3) | 48.66 | NEUTRAL | The Stochastics value for HEBT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for HEBT suggests high volalility. |
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)
NASDAQ:HEBT (11/13/2020, 8:19:18 PM)
14.11
-0.11 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week0.28%
2 Weeks7.3%
1 Month-8.38%
3 Month7.22%
6 Month14.53%
12 Month243.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%5.35%
ATR Inc9.73%
Range Today0.85
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.41
Mansfield1.23
10 Day High15.41
10 Day Low12.95
20 Day High16.17
20 Day Low12.95
52 Week High23.99
52 Week Low4.01
CS1 End13.68
CR1 Start14.12
Volume & EV
DER(3)-11.05%
DER(5)-3.9%
Volume25.30K
Volume Incr-8.11%
Vol(5)27.20K
Vol(50)30.41K