Hollister Biosciences Inc. (HOLL.CA) Stock Technical Analysis
Canada - Canadian Securities Exchange - CNSX:HOLL -
We assign a technical rating of 5 out of 10 to HOLL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, HOLL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.33, a Stop Loss order could be placed below this zone.
More info and screens
0.32
We found 2 important support areas.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.32 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.37 from a trend 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 HOLL.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOLL.CA is down. |
| ChartMill Relative Strength | 83.73 | POSITIVE | HOLL.CA has a high relative strength, it outperformed 83.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOLL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HOLL.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOLL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for HOLL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HOLL.CA has a positive trend. |
| Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for HOLL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.82 | HIGH VOLATILITY | The high ATR as a percentage value for HOLL.CA suggests high volalility. |
CNSX:HOLL (4/8/2021, 8:18:44 PM)
0.34
+0.01 (+1.49%)
Hollister Biosciences Inc. / HOLL.CA FAQ
What is the ChartMill technical rating of Hollister Biosciences Inc. (HOLL.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to HOLL.CA.
What is the current trend direction of Hollister Biosciences Inc. (HOLL.CA) stock?
The current trend direction for Hollister Biosciences Inc. (HOLL.CA) is Bullish.
What is the RSI signal for HOLL stock?
Hollister Biosciences Inc. (HOLL.CA) has an RSI value of 44.8455. This indicates that the stock is currently neutral.
What is the MACD signal for HOLL stock?
The MACD indicator for Hollister Biosciences Inc. (HOLL.CA) has a value of 0.000746175, indicating a bearish trend.
Can you provide the buy/sell signal for Hollister Biosciences Inc.?
The buy/sell signal for Hollister Biosciences Inc. (HOLL.CA) is hold as the short term and long term trends are mixed.