Overall HOLX gets a technical rating of 8 out of 10. Although HOLX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, HOLX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.60, a Stop Loss order could be placed below this zone.
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63.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 73.91 to 74.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 71.49 to 72.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.34 from a trend line in the daily time frame.
- A support zone ranging from 65.51 to 65.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 63.97 to 64.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.88 to 75.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 HOLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOLX is up. |
| ChartMill Relative Strength | 72.37 | POSITIVE | HOLX has a high relative strength, it outperformed 72.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.35 | NEUTRAL | The RSI value for HOLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests HOLX has a negative trend. |
| Stochastics (14,3) | 77.86 | NEUTRAL | The Stochastics value for HOLX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for HOLX suggests low volalility. |
| Average Directional Index/ADX (14) | 43.59 | POSITIVE | The high ADX value value for HOLX suggests a strong trend. |
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 |
|---|---|---|---|
| 75.02 | 74.19 | 0.83 (1.10%) | 25.00% |
| An entry @75.02. This is a Buy Stop order right above the resistance zone. | An exit @74.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.83 points, which is 1.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- 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.
74.85
-0.12 (-0.16%)
HOLOGIC INC / HOLX FAQ
Can you provide the ChartMill technical rating for HOLOGIC INC?
ChartMill assigns a technical rating of 8 / 10 to HOLX.
Can you provide the trend direction for HOLOGIC INC?
The current trend direction for HOLOGIC INC (HOLX) is Bullish.
What is the RSI signal for HOLOGIC INC (HOLX) stock?
HOLOGIC INC (HOLX) has an RSI value of 65.3507. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HOLOGIC INC?
The buy/sell signal for HOLOGIC INC (HOLX) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for HOLOGIC INC (HOLX) stock?
HOLOGIC INC (HOLX) has a support level at 74.6 and a resistance level at 74.88. Check the full technical report for our detailed analysis of HOLX support and resistance levels.