HILLEVAX INC (HLVX) Stock Technical Analysis
NASDAQ:HLVX - Nasdaq - US43157M1027 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to HLVX. In the past year, HLVX was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
HLVX is one of the better performing stocks in the Biotechnology industry, it outperforms 74% of 560 stocks in the same industry.
HLVX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HLVX has a been trading in the 1.81 - 2.12 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, HLVX did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HLVX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
More info and screens
1.80
2.17
3 important support areas can be observed.
- A support zone ranging from 1.93 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.88 from a horizontal line in the daily time frame.
- A support zone ranging from 1.82 to 1.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.10 from a horizontal line in the weekly time frame.
- Resistance @2.15 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for HLVX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLVX is up. |
| ChartMill Relative Strength | 80.1 | POSITIVE | HLVX has a high relative strength, it outperformed 80.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLVX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for HLVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HLVX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests HLVX may be overbought. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for HLVX suggests some volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for HLVX suggests a strong 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 |
|---|---|---|---|
| 2.11 | 1.92 | 0.19 (9.00%) | 11.11% |
| An entry @2.11. This is a Buy Stop order right above the resistance zone. | An exit @1.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 9.00%. | When investing 11.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
2.09
-0.01 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.48%
1 Week1.46%
2 Weeks7.18%
1 Month6.63%
3 Month25.15%
6 Month1.95%
12 Month19.43%
2 Year-86.27%
3 Year-84.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.88%
ATR Inc-15.2%
Range Today0.04
ADR(20)0.08
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.1
Mansfield0.46
10 Day High2.12
10 Day Low1.91
20 Day High2.12
20 Day Low1.82
52 Week High2.15
52 Week Low1.34
CS1 End1.97
CR1 Start2.1
Volume & EV
DER(3)-4.77%
DER(5)-5.4%
Volume104.70K
Volume Incr-76.55%
Vol(5)106.54K
Vol(50)304.66K