HOLOGIC INC (HOLX) Stock Technical Analysis
NASDAQ:HOLX • US4364401012
Taking everything into account, HOLX scores 7 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- HOLX is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. HOLX outperforms 79% of them.
- HOLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- HOLX has an average volume of 2719190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, HOLX outperforms 64% of them, which is more or less in line with the market.
- In the last month HOLX has a been trading in a tight range between 74.50 and 75.49.
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 a resistance zone just above the current price starting at 75.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 75.19, a Stop Loss order could be placed below this zone.
More info and screens
63.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 73.91 to 75.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.97 to 64.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 75.43 to 76.09. This zone is formed by a combination of multiple trend lines 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 | 64.36 | 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) | 60.98 | NEUTRAL | The RSI value for HOLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HOLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.88 | OVERBOUGHT | The high Stochastics value suggests HOLX may be overbought. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for HOLX suggests low volalility. |
| Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for HOLX suggests a weak or negative 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 |
|---|---|---|---|
| 75.50 | 74.88 | 0.63 (0.83%) | 25.00% |
| An entry @75.50. This is a Buy Stop order right above the 10 day high. | An exit @74.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 0.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- 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.
75.35
-0.09 (-0.12%)
HOLOGIC INC / HOLX FAQ
Can you provide the ChartMill technical rating for HOLOGIC INC?
ChartMill assigns a technical rating of 7 / 10 to HOLX.
What is the current trend direction of HOLOGIC INC (HOLX) stock?
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 60.9788. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOLOGIC INC?
The MACD indicator for HOLOGIC INC (HOLX) has a value of 0.0415878, indicating a bearish trend.
What are the support and resistance levels for HOLOGIC INC (HOLX) stock?
HOLOGIC INC (HOLX) has a support level at 75.19 and a resistance level at 75.43. Check the full technical report for our detailed analysis of HOLX support and resistance levels.