Hebron Technology CO Ltd (HEBT) Technical Analysis
NASDAQ:HEBT
Current stock price
HEBT Technical Rating and Analysis
Overall HEBT gets a technical rating of 7 out of 10. 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. On top of that, HEBT also shows a nice and consistent pattern of rising prices.
- 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.
HEBT Weekly and Daily overview Charts
HEBT Setup Rating and Analysis
Although HEBT has an excellent technical rating, it does not offer a high quality setup 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
HEBT Support and Resistance Analysis
10.34
4 important support areas can be observed.
- 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.
When analyzing the resistance we notice 6 important areas.
- 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.
HEBT 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 | 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. |
HEBT Chart- and CandleStick Pattern Analysis
HEBT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HEBT (11/13/2020, 8:19:18 PM)
14.11
-0.11 (-0.77%)
Hebron Technology CO Ltd / HEBT TA FAQ
What is the ChartMill technical rating of Hebron Technology CO Ltd (HEBT) stock?
ChartMill assigns a technical rating of 6 / 10 to HEBT.
What is the current trend direction of Hebron Technology CO Ltd (HEBT) stock?
The current trend direction for Hebron Technology CO Ltd (HEBT) is Bullish.
Can you provide the RSI signal for Hebron Technology CO Ltd?
Hebron Technology CO Ltd (HEBT) has an RSI value of 46.6659. This indicates that the stock is currently neutral.
What are the support and resistance levels for Hebron Technology CO Ltd (HEBT) stock?
Hebron Technology CO Ltd (HEBT) has a support level at 13.68 and a resistance level at 14.12. Check the full technical report for our detailed analysis of HEBT support and resistance levels.