Hollister Biosciences Inc. (HOLL.CA) Stock Technical Analysis
CNSX:HOLL - Canadian Securities Exchange -
We assign a technical rating of 5 out of 10 to HOLL. In the last year, HOLL was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month HOLL has a been trading in the 0.32 - 0.46 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that HOLL is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
HOLL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HOLL is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, HOLL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
0.37
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. |
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)
CNSX:HOLL (4/8/2021, 8:18:44 PM)
0.34
+0.01 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.49%
1 Week-1.45%
2 Weeks0%
1 Month-15%
3 Month3.03%
6 Month240%
12 Month257.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.82%
ATR Inc-38.75%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.73
Mansfield5.05
10 Day High0.37
10 Day Low0.33
20 Day High0.46
20 Day Low0.32
52 Week High0.53
52 Week Low0.09
CS1 End0.33
CR1 Start0.35
Volume & EV
DER(3)-8.26%
DER(5)1.19%
Volume247.60K
Volume Incr-39.59%
Vol(5)313.54K
Vol(50)604.64K