HOLOGIC INC (HOLX) Stock Technical Analysis
USA - NASDAQ:HOLX - US4364401012 - Common Stock
Overall HOLX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOLX is only an average performer.
Besides having an excellent technical rating, HOLX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
62.70
We found 3 important support areas.
- A support zone ranging from 68.78 to 69.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.12 from a trend line in the daily time frame.
- A support zone ranging from 63.33 to 65.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @74.11 from a horizontal line in the weekly 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 HOLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOLX is up. |
| ChartMill Relative Strength | 50.87 | NEUTRAL | HOLX is not amongst the best or worst performers 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) | 69.9 | NEUTRAL | The RSI value for HOLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HOLX has a negative trend. |
| Stochastics (14,3) | 67.94 | NEUTRAL | The Stochastics value for HOLX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for HOLX suggests low volalility. |
| Average Directional Index/ADX (14) | 37.25 | 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 |
|---|---|---|---|
| 74.12 | 73.84 | 0.28 (0.38%) | 25.00% |
| An entry @74.12. This is a Buy Stop order right above the resistance zone. | An exit @73.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.28 points, which is 0.38%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HOLX. Please evaluate whether better entry and exit points can be found.
- 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.
74.1
-0.05 (-0.07%)
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 69.8986. 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 69.59 and a resistance level at 74.11. Check the full technical report for our detailed analysis of HOLX support and resistance levels.