HEM Technical Analysis - HEMOSTEMIX INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to HEM. HEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

When comparing the yearly performance of all stocks, HEM is a bad performer in the overall market: 91% of all stocks are doing better.

HEM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month HEM has a been trading in the 0.10 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.

HEM is part of the Biotechnology industry. There are 22 other stocks in this industry, HEM did better than 42% of them.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

HEM has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.10

0.12

3 important resistance areas can be observed.

A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @0.12 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 HEM.CA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for HEM.CA is neutral.
ChartMill Relative Strength	9.96	NEGATIVE	HEM.CA has a low relative strength, it was outperformed by 90.04% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HEM.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of HEM.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of HEM.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	45.69	NEUTRAL	The RSI value for HEM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests HEM.CA has a negative trend.
Stochastics (14,3)	17.17	OVERSOLD	The low Stochastics value suggests HEM.CA may be oversold.
Average True Range in percent/ATR (20)	7.13	HIGH VOLATILITY	The high ATR as a percentage value for HEM.CA suggests high volalility.
Average Directional Index/ADX (14)	25.25	POSITIVE	The high ADX value value for HEM.CA suggests a strong trend.