HEALTHEQUITY INC (HQY) Technical Analysis
NASDAQ:HQY • US42226A1079
Current stock price
HQY Technical Rating and Analysis
Overall HQY gets a technical rating of 1 out of 10. HQY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 76% of all other stocks performed better in the past year than HQY.
- 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.
- HQY has an average volume of 1066380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HQY is an average performer in the Health Care Providers & Services industry, it outperforms 43% of 101 stocks in the same industry.
- In the last month HQY has a been trading in the 74.01 - 84.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HQY Weekly and Daily overview Charts
HQY Setup Rating and Analysis
HQY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 81.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.88, a Stop Loss order could be placed below this zone.
More info and screens
HQY Support and Resistance Analysis
72.48
2 important support areas can be observed.
- A support zone ranging from 77.92 to 79.15. This zone is formed by a combination of multiple trend lines and important moving averages 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 81.03 to 81.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @86.80 from a trend line in the daily time frame.
- Resistance @101.10 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 | NEUTRAL | NEUTRAL | The short term trend for HQY is neutral. |
| ChartMill Relative Strength | 24.34 | NEGATIVE | HQY has a low relative strength, it was outperformed by 75.66% 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) | 54.83 | NEUTRAL | The RSI value for HQY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests HQY has a positive trend. |
| Stochastics (14,3) | 61.25 | NEUTRAL | The Stochastics value for HQY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for HQY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.12 | 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
81.02
-0.11 (-0.14%)
HEALTHEQUITY INC / HQY TA FAQ
What is the ChartMill technical rating of HEALTHEQUITY INC (HQY) stock?
ChartMill assigns a technical rating of 1 / 10 to HQY.
What is the current trend direction of HEALTHEQUITY INC (HQY) stock?
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 54.827. This indicates that the stock is currently neutral.
What is the short term momentum for HEALTHEQUITY INC (HQY) stock?
The short term momentum for HEALTHEQUITY INC (HQY) is neutral.
Can you provide the support and resistance levels for HEALTHEQUITY INC?
HEALTHEQUITY INC (HQY) has a support level at 78.88 and a resistance level at 81.14. Check the full technical report for our detailed analysis of HQY support and resistance levels.