HEALTHEQUITY INC (HQY) Stock Technical Analysis
NASDAQ:HQY - Nasdaq - US42226A1079 - Common Stock - Currency: USD
Overall HQY gets a technical rating of 1 out of 10. HQY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month HQY has a been trading in the 89.81 - 100.73 range, which is quite wide. It is currently trading near the lows of this range.
HQY is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry. HQY outperforms 80% of them.
HQY has an average volume of 1056470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HQY is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HQY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HQY is lagging the market.
HQY has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.30
115.66
2 important support areas can be observed.
- A support zone ranging from 90.95 to 91.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.13 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 95.36 to 96.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.88 to 104.88. 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.
- Resistance @114.51 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for HQY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HQY is down. |
| ChartMill Relative Strength | 76.02 | POSITIVE | HQY has a high relative strength, it outperformed 76.02% off all stocks 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) | DOWN | NEGATIVE | The current price of HQY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HQY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for HQY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests HQY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.03 | NEUTRAL | The Stochastics value for HQY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for HQY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.99 | NEGATIVE | The low ADX value for HQY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
93.05
+1.21 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.32%
1 Week2.19%
2 Weeks-3.11%
1 Month-1.56%
3 Month2.93%
6 Month-16.56%
12 Month30.74%
2 Year37.75%
3 Year40.81%
5 Year61.88%
10 Year217.36%
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%2.86%
ATR Inc-4.03%
Range Today2.13
ADR(20)2.6
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-0.93
10 Day High99.82
10 Day Low89.81
20 Day High100.73
20 Day Low89.81
52 Week High116.65
52 Week Low69.52
CS1 End91.06
CR1 Start95.36
Volume & EV
DER(3)-0.13%
DER(5)2.94%
Volume616.38K
Volume Incr11.21%
Vol(5)978.00K
Vol(50)1.06M