HIMS & HERS HEALTH INC (HIMS) Stock Technical Analysis
USA - NYSE:HIMS - US4330001060 - Common Stock
52.54 USD
-5.33 (-9.21%)
53.53 USD
+0.99 (+1.88%)
We assign a technical rating of 8 out of 10 to HIMS. In the last year, HIMS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, HIMS did better than 96% of all other stocks. On top of that, HIMS also shows a nice and consistent pattern of rising prices.
HIMS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 95% of 101 stocks in the same industry.
HIMS has an average volume of 29899200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HIMS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIMS is lagging the market.
In the last month HIMS has a been trading in the 47.48 - 60.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HIMS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
26.86
65.80
We found 5 important support areas.
- A support zone ranging from 51.77 to 52.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.62 to 46.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.41 from a horizontal line in the daily time frame.
- Support @36.68 from a trend line in the weekly time frame.
- Support @27.13 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.41 to 59.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @60.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 64.65 to 65.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 HIMS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIMS is neutral. |
| ChartMill Relative Strength | 96.09 | POSITIVE | HIMS has a high relative strength, it outperformed 96.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HIMS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HIMS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.53 | NEUTRAL | The RSI value for HIMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HIMS has a negative trend. |
| Stochastics (14,3) | 58.04 | NEUTRAL | The Stochastics value for HIMS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for HIMS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for HIMS suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 56.29 | 51.76 | 4.53 (8.04%) | 12.43% |
| An entry @56.29. This is a Buy Stop order right above the 10 day moving average. | An exit @51.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.53 points, which is 8.04%. | When investing 12.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HIMS. Please evaluate whether better entry and exit points can be found.
- 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.
52.54
-5.33 (-9.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-9.21%
1 Week-10.03%
2 Weeks-9.13%
1 Month8.53%
3 Month9.5%
6 Month102.16%
12 Month197.51%
2 Year778.6%
3 Year1057.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.69
ATR(20)%7.11%
ATR Inc29.86%
Range Today6.42
ADR(20)3.64
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.09
Mansfield1.71
10 Day High60.55
10 Day Low50.7
20 Day High60.55
20 Day Low47.48
52 Week High72.98
52 Week Low17.36
CS1 End52.53
CR1 Start58.41
Volume & EV
DER(3)0.23%
DER(5)0.03%
Volume35.81M
Volume Incr-5.44%
Vol(5)26.68M
Vol(50)29.90M