HEALTHEQUITY INC (HQY) Stock Technical Analysis
USA - NASDAQ:HQY - US42226A1079 - Common Stock
93.85 USD
-2.12 (-2.21%)
93.85 USD
0 (0%)
We assign a technical rating of 4 out of 10 to HQY. In the past year, HQY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month HQY has a been trading in the 86.63 - 98.57 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
HQY has an average volume of 1036780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HQY turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
HQY is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, HQY did better than 59% of them.
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 only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 93.62, a Stop Loss order could be placed below this zone.
More info and screens
83.96
115.66
3 important support areas can be observed.
- A support zone ranging from 89.33 to 93.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.42 from a horizontal line in the daily time frame.
- Support @84.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @93.86 from a horizontal line in the weekly time frame.
- Resistance @95.71 from a trend line in the daily time frame.
- Resistance @97.70 from a horizontal line in the daily time frame.
- Resistance @100.12 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for HQY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HQY is up. |
| ChartMill Relative Strength | 48.26 | NEUTRAL | HQY is not amongst the best or worst performers 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) | 52.24 | NEUTRAL | The RSI value for HQY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests HQY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.92 | NEUTRAL | The Stochastics value for HQY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HQY suggests some volalility. |
| Average Directional Index/ADX (14) | 11.86 | 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)
93.85
-2.12 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.21%
1 Week2.52%
2 Weeks0.92%
1 Month7.36%
3 Month-10.52%
6 Month7.92%
12 Month17.42%
2 Year28.47%
3 Year39.72%
5 Year82.69%
10 Year217.6%
15 YearN/A
Volatility
ATR(14)2.83
ATR(20)%3.05%
ATR Inc12.76%
Range Today3.79
ADR(20)2.72
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.26
Mansfield-1.22
10 Day High97.5
10 Day Low90.07
20 Day High98.57
20 Day Low86.63
52 Week High116.65
52 Week Low74.07
CS1 End93.62
CR1 Start93.86
Volume & EV
DER(3)0.92%
DER(5)1.7%
Volume953.50K
Volume Incr-16.62%
Vol(5)1.04M
Vol(50)1.04M