HEALTHEQUITY INC (HQY) Technical Analysis
NASDAQ:HQY • US42226A1079
Current stock price
HQY Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to HQY. Recently some decent action could be observed, but in the medium term time frame this is still negative. HQY was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HQY is a bad performer in the overall market: 75% of all stocks are doing better.
- HQY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HQY is lagging the market.
- In the last month HQY has a been trading in the 75.31 - 85.08 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- HQY is an average performer in the Health Care Providers & Services industry, it outperforms 52% of 100 stocks in the same industry.
HQY Weekly and Daily overview Charts
HQY Setup Rating and Analysis
Although the technical rating is bad, HQY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.06, a Stop Loss order could be placed below this zone.
More info and screens
HQY Support and Resistance Analysis
72.48
We found 4 important support areas.
- A support zone ranging from 82.91 to 83.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.80 to 81.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @75.56 from a horizontal line in the daily time frame.
- A support zone ranging from 73.21 to 73.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 84.67 to 84.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.34 from a trend line in the weekly time frame.
- Resistance @104.88 from a horizontal line in the daily time frame.
HQY Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HQY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HQY is up. |
| ChartMill Relative Strength | 25.12 | NEGATIVE | HQY has a low relative strength, it was outperformed by 74.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HQY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HQY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HQY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.2 | NEUTRAL | The RSI value for HQY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests HQY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.07 | OVERBOUGHT | The high Stochastics value suggests HQY may be overbought. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HQY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for HQY suggests a weak or negative trend. |
HQY Chart- and CandleStick Pattern Analysis
HQY Technicals: Chart, Performance Metrics, Trend & Indicators
83.44
-1.23 (-1.45%)
HEALTHEQUITY INC / HQY TA FAQ
What is the ChartMill technical rating of HEALTHEQUITY INC (HQY) stock?
ChartMill assigns a technical rating of 2 / 10 to HQY.
What is the trend direction for HQY stock?
The current trend direction for HEALTHEQUITY INC (HQY) is Bearish.
Can you provide the RSI signal for HEALTHEQUITY INC?
HEALTHEQUITY INC (HQY) has an RSI value of 57.2049. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HEALTHEQUITY INC?
The MACD indicator for HEALTHEQUITY INC (HQY) has a value of 0.401502, indicating a bearish trend.
What is the buy/sell signal for HQY stock?
The buy/sell signal for HEALTHEQUITY INC (HQY) is hold as the short term and long term trends are mixed.