FTAC HERA ACQUISITION CORP (HERAU) Technical Analysis
NASDAQ:HERAU • KYG3728Y1290
Current stock price
HERAU Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to HERAU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HERAU is only an average performer.
- Warning: HERAU has an average volume of 10740 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- HERAU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HERAU is leading the market.
- When comparing the yearly performance of all stocks, we notice that HERAU is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month HERAU has a been trading in a tight range between 10.07 and 10.18.
- Considerably lower volume is observed in the last couple of days.
HERAU Weekly and Daily overview Charts
HERAU Setup Rating and Analysis
Besides having an excellent technical rating, HERAU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.14, a Stop Loss order could be placed below this zone.
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HERAU Support and Resistance Analysis
9.69
When analyzing the support we notice one important area.
- A support zone ranging from 9.79 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.17 to 10.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HERAU 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 HERAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HERAU is up. |
| ChartMill Relative Strength | 75.34 | POSITIVE | HERAU has a high relative strength, it outperformed 75.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HERAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HERAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HERAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.38 | NEUTRAL | The RSI value for HERAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HERAU has a negative trend. |
| Stochastics (14,3) | 73.14 | NEUTRAL | The Stochastics value for HERAU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for HERAU suggests low volalility. |
| Average Directional Index/ADX (14) | 37.85 | POSITIVE | The high ADX value value for HERAU suggests a strong trend. |
HERAU Chart- and CandleStick Pattern Analysis
HERAU Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.18 | 10.14 | 0.04 (0.35%) | 25.00% |
| An entry @10.18. This is a Buy Stop order right above the 10 day moving average. | An exit @10.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 0.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HERAU Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HERAU (3/1/2023, 4:30:01 PM)
10.16
0 (0%)
FTAC HERA ACQUISITION CORP / HERAU TA FAQ
What is the ChartMill technical rating of FTAC HERA ACQUISITION CORP (HERAU) stock?
ChartMill assigns a technical rating of 7 / 10 to HERAU.
What is the trend direction for HERAU stock?
The current trend direction for FTAC HERA ACQUISITION CORP (HERAU) is Bullish.
What is the RSI signal for HERAU stock?
FTAC HERA ACQUISITION CORP (HERAU) has an RSI value of 64.3762. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FTAC HERA ACQUISITION CORP?
The MACD indicator for FTAC HERA ACQUISITION CORP (HERAU) has a value of -0.00376526, indicating a bearish trend.
What is the buy/sell signal for FTAC HERA ACQUISITION CORP (HERAU) stock?
The buy/sell signal for FTAC HERA ACQUISITION CORP (HERAU) is buy as both the short term and long term trends are positive.