HOLOGIC INC (HO1.DE) Technical Analysis
FRA:HO1 • US4364401012
Current stock price
HO1.DE Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to HO1. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HO1 is showing a nice and steady performance.
- Warning: HO1 has an average volume of 228 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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, HO1 did better than 90% of all other stocks.
- HO1 is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 90% of 61 stocks in the same industry.
- HO1 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HO1 is lagging the market slightly.
- In the last month HO1 has a been trading in the 63.71 - 73.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
HO1.DE Weekly and Daily overview Charts
HO1.DE Setup Rating and Analysis
Besides having an excellent technical rating, HO1 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 66.94, a Stop Loss order could be placed below this zone.
More info and screens
HO1.DE Support and Resistance Analysis
48.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 65.59 to 66.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.74 to 63.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 60.52 to 61.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @49.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.16 to 73.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
HO1.DE 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 HO1.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HO1.DE is neutral. |
| ChartMill Relative Strength | 90.65 | POSITIVE | HO1.DE has a high relative strength, it outperformed 90.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HO1.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HO1.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for HO1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests HO1.DE has a negative trend. |
| Stochastics (14,3) | 61.27 | NEUTRAL | The Stochastics value for HO1.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for HO1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 9.9 | NEGATIVE | The low ADX value for HO1.DE suggests a weak or negative trend. |
HO1.DE Chart- and CandleStick Pattern Analysis
HO1.DE 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 |
|---|---|---|---|
| 70.91 | 67.43 | 3.48 (4.91%) | 20.38% |
| An entry @70.91. This is a Buy Stop order right above the 10 day high. | An exit @67.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.48 points, which is 4.91%. | When investing 20.38% 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.
HO1.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:HO1 (9/8/2022, 7:00:00 PM)
69.09
+0.67 (+0.98%)
HOLOGIC INC / HO1.DE TA FAQ
Can you provide the ChartMill technical rating for HOLOGIC INC?
ChartMill assigns a technical rating of 8 / 10 to HO1.DE.
What is the current trend direction of HOLOGIC INC (HO1.DE) stock?
The current trend direction for HOLOGIC INC (HO1.DE) is Bullish.
What is the RSI signal for HO1 stock?
HOLOGIC INC (HO1.DE) has an RSI value of 50.9046. This indicates that the stock is currently neutral.
What is the MACD signal for HO1 stock?
The MACD indicator for HOLOGIC INC (HO1.DE) has a value of -0.135497, indicating a bearish trend.
What is the short term momentum for HO1 stock?
The short term momentum for HOLOGIC INC (HO1.DE) is neutral.