HINGE HEALTH INC-A (HNGE) Stock Technical Analysis
NYSE:HNGE - New York Stock Exchange, Inc. - US4333131039 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to HNGE. HNGE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, HNGE is a bad performer in the overall market: 100% of all stocks are doing better.
HNGE is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 94% are performing better than HNGE.
The long and short term trends are both positive. This is looking good!
In the last month HNGE has a been trading in the 42.27 - 62.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HNGE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.64
57.25
We found 2 important support areas.
- Support @45.95 from a trend line in the daily time frame.
- Support @43.07 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 | UP | POSITIVE | The long term trend for HNGE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNGE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | HNGE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HNGE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.1 | NEUTRAL | The RSI value for HNGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests HNGE has a positive trend. |
| Stochastics (14,3) | 85.77 | OVERBOUGHT | The high Stochastics value suggests HNGE may be overbought. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for HNGE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for HNGE suggests a possible start of a new 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)
56.68
-3.67 (-6.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-6.08%
1 Week26.1%
2 Weeks23.84%
1 Month18.98%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.64
ATR(20)%6.07%
ATR Inc26.78%
Range Today5.59
ADR(20)3.18
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High62
10 Day Low42.27
20 Day High62
20 Day Low42.27
52 Week HighN/A
52 Week LowN/A
CS1 End45.95
CR1 StartN/A
Volume & EV
DER(3)4.43%
DER(5)3.39%
Volume1.30M
Volume Incr159.2%
Vol(5)1.53M
Vol(50)887.19K