HEPS Technical Analysis - D-MARKET ELECTRONIC SERV-ADR

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to HEPS. HEPS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

HEPS is part of the Broadline Retail industry. There are 28 other stocks in this industry, of which 70% are performing better than HEPS.

In the last month HEPS has a been trading in the 2.68 - 2.97 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

When compared to the yearly performance of all other stocks, HEPS outperforms 55% of them, which is more or less in line with the market.

HEPS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HEPS is lagging the market.

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

D-MARKET ELECTRONIC SERV-ADR / HEPS Weekly stock chart

D-MARKET ELECTRONIC SERV-ADR / HEPS Daily stock chart

Setup Rating and Analysis

HEPS 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 support zone below the current price at 2.70, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.45

3.00

We found 3 important support areas.

A support zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @2.58 from a trend line in the weekly time frame.
A support zone ranging from 2.47 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

A resistance zone ranging from 2.79 to 2.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 2.97 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for HEPS is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for HEPS is down.
ChartMill Relative Strength	55.72	NEUTRAL	HEPS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HEPS is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of HEPS is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of HEPS is below a declining SMA(200).
Relative Strength Index/RSI (14)	44.05	NEUTRAL	The RSI value for HEPS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests HEPS has a negative trend, although the MACD value is rising.
Stochastics (14,3)	17.75	OVERSOLD	The low Stochastics value suggests HEPS may be oversold.
Average True Range in percent/ATR (20)	3.43	MEDIUM VOLATILITY	The ATR as a percentage value for HEPS suggests some volalility.
Average Directional Index/ADX (14)	8.4	NEGATIVE	The low ADX value for HEPS suggests a weak or negative trend.