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Health Insurance Innovations Inc. (HIIQ) Stock Technical Analysis

USA - Nasdaq - NASDAQ:HIIQ -

27.39
+1.72 (+6.7%)
Last: 3/5/2020, 8:13:31 PM
27.75
+0.36 (+1.31%)
After Hours: 3/5/2020, 8:13:31 PM
Technical Rating and Analysis

7

Overall HIIQ gets a technical rating of 7 out of 10. In the last year, HIIQ was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, HIIQ did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HIIQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIIQ is lagging the market.
In the last month HIIQ has a been trading in the 23.60 - 31.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
Health Insurance Innovations Inc. / HIIQ Weekly stock chart
Health Insurance Innovations Inc. / HIIQ Daily stock chart
Setup Rating and Analysis

5

HIIQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

18.52

30.26

We found 3 important support areas.

  • Support @25.67 from a horizontal line in the daily time frame.
  • Support @19.85 from a trend line in the daily time frame.
  • A support zone ranging from 18.71 to 18.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @29.96 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for HIIQ is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for HIIQ is neutral.
ChartMill Relative Strength92.13POSITIVEHIIQ has a high relative strength, it outperformed 92.13% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of HIIQ is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HIIQ is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HIIQ is above the rising SMA(200).
Relative Strength Index/RSI (14)51.76NEUTRALThe RSI value for HIIQ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.54NEGATIVEThe MACD value suggests HIIQ has a negative trend.
Stochastics (14,3)35.67NEUTRALThe Stochastics value for HIIQ is a neutral value.
Average True Range in percent/ATR (20)7.93HIGH VOLATILITYThe high ATR as a percentage value for HIIQ suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Health Insurance Innovations Inc. / HIIQ Daily stock chart

Health Insurance Innovations Inc.

NASDAQ:HIIQ (3/5/2020, 8:13:31 PM)

After market: 27.75 +0.36 (+1.31%)

27.39

+1.72 (+6.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.7%
1 Week-7.31%
2 Weeks-6.52%
1 Month12.39%
3 Month41.7%
6 Month59.52%
12 Month-29.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%7.93%
ATR Inc162.88%
Range Today5.71
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
CRS92.13
3 months CRSN/A
6 months CRSN/A
Mansfield1.51
10 Day High31.49
10 Day Low23.6
20 Day High31.49
20 Day Low23.6
52 Week High39.41
52 Week Low15.95
CS1 End25.67
CR1 Start29.96
Volume & EV
DER(3)0.76%
DER(5)2.3%
Volume2.38M
Volume Incr120.3%
Vol(5)1.85M
Vol(50)860.71K

Health Insurance Innovations Inc. / HIIQ FAQ

What is the ChartMill technical rating of Health Insurance Innovations Inc. (HIIQ) stock?

ChartMill assigns a technical rating of 6 / 10 to HIIQ.


What is the current trend direction of Health Insurance Innovations Inc. (HIIQ) stock?

The current trend direction for Health Insurance Innovations Inc. (HIIQ) is Bearish.


What is the RSI signal for HIIQ stock?

Health Insurance Innovations Inc. (HIIQ) has an RSI value of 51.7644. This indicates that the stock is currently neutral.


What is the short term momentum for HIIQ stock?

The short term momentum for Health Insurance Innovations Inc. (HIIQ) is neutral.


Can you provide the support and resistance levels for Health Insurance Innovations Inc.?

Health Insurance Innovations Inc. (HIIQ) has a support level at 25.67 and a resistance level at 29.96. Check the full technical report for our detailed analysis of HIIQ support and resistance levels.