Taking everything into account, HQY scores 1 out of 10 in our technical rating. HQY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HQY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 93.11, a Stop Loss order could be placed below this zone.
More info and screens
86.46
2 important support areas can be observed.
- A support zone ranging from 92.74 to 93.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.33 to 88.59. 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 94.72 to 96.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.12 to 105.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.69 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 | NEUTRAL | NEUTRAL | The long term trend for HQY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HQY is down. |
| ChartMill Relative Strength | 31.5 | NEUTRAL | HQY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HQY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HQY is below the rising 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) | 41.4 | NEUTRAL | The RSI value for HQY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests HQY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.54 | NEUTRAL | The Stochastics value for HQY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HQY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for HQY suggests a weak or negative trend. |
93.48
+1.03 (+1.11%)
HEALTHEQUITY INC / HQY FAQ
What is the ChartMill technical rating of HEALTHEQUITY INC (HQY) stock?
ChartMill assigns a technical rating of 1 / 10 to HQY.
Can you provide the trend direction for HEALTHEQUITY INC?
The current trend direction for HEALTHEQUITY INC (HQY) is Bearish.
What is the RSI signal for HEALTHEQUITY INC (HQY) stock?
HEALTHEQUITY INC (HQY) has an RSI value of 41.3998. This indicates that the stock is currently neutral.
What is the MACD signal for HEALTHEQUITY INC (HQY) stock?
The MACD indicator for HEALTHEQUITY INC (HQY) has a value of -0.419296, indicating a bearish trend.