We assign a technical rating of 7 out of 10 to HRMY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
HRMY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
36.37
2 important support areas can be observed.
- Support @37.37 from a horizontal line in the weekly time frame.
- Support @36.74 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.52 to 40.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for HRMY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRMY is neutral. |
| ChartMill Relative Strength | 85.4 | POSITIVE | HRMY has a high relative strength, it outperformed 85.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HRMY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRMY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HRMY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.25 | NEUTRAL | The RSI value for HRMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests HRMY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.73 | NEUTRAL | The Stochastics value for HRMY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for HRMY suggests some volalility. |
| Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for HRMY suggests a strong trend. |
37.55
+0.8 (+2.18%)
HARMONY BIOSCIENCES HOLDINGS / HRMY FAQ
Can you provide the ChartMill technical rating for HARMONY BIOSCIENCES HOLDINGS?
ChartMill assigns a technical rating of 7 / 10 to HRMY.
What is the current trend direction of HARMONY BIOSCIENCES HOLDINGS (HRMY) stock?
The current trend direction for HARMONY BIOSCIENCES HOLDINGS (HRMY) is Bullish.
Can you provide the RSI signal for HARMONY BIOSCIENCES HOLDINGS?
HARMONY BIOSCIENCES HOLDINGS (HRMY) has an RSI value of 53.2536. This indicates that the stock is currently neutral.
What is the MACD signal for HARMONY BIOSCIENCES HOLDINGS (HRMY) stock?
The MACD indicator for HARMONY BIOSCIENCES HOLDINGS (HRMY) has a value of -0.396726, indicating a bearish trend.
Can you provide the support and resistance levels for HARMONY BIOSCIENCES HOLDINGS?
HARMONY BIOSCIENCES HOLDINGS (HRMY) has a support level at 37.37 and a resistance level at 40.52. Check the full technical report for our detailed analysis of HRMY support and resistance levels.