HARMONY BIOSCIENCES HOLDINGS (HRMY) Technical Analysis
NASDAQ:HRMY • US4131971040
Current stock price
HRMY Technical Rating and Analysis
Taking everything into account, HRMY scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HRMY was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HRMY is a bad performer in the overall market: 74% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- HRMY has an average volume of 1026990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HRMY is an average performer in the Pharmaceuticals industry, it outperforms 48% of 191 stocks in the same industry.
- HRMY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HRMY is lagging the market.
- In the last month HRMY has a been trading in the 26.34 - 34.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HRMY Weekly and Daily overview Charts
HRMY Setup Rating and Analysis
The technical rating of HRMY is bad and it also does not present a quality setup 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
HRMY Support and Resistance Analysis
25.64
When analyzing the support we can see 3 important areas.
- Support @27.62 from a horizontal line in the daily time frame.
- Support @26.87 from a horizontal line in the daily time frame.
- Support @25.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.98 to 32.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.69 from a trend line in the daily time frame.
HRMY 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 | NEUTRAL | NEUTRAL | The long term trend for HRMY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRMY is up. |
| ChartMill Relative Strength | 26.64 | NEGATIVE | HRMY has a low relative strength, it was outperformed by 73.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HRMY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HRMY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRMY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.93 | NEUTRAL | The RSI value for HRMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests HRMY has a positive trend. |
| Stochastics (14,3) | 66.34 | NEUTRAL | The Stochastics value for HRMY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for HRMY suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | POSITIVE | The high ADX value value for HRMY suggests a strong trend. |
HRMY Chart- and CandleStick Pattern Analysis
HRMY Technicals: Chart, Performance Metrics, Trend & Indicators
31.97
-0.17 (-0.53%)
HARMONY BIOSCIENCES HOLDINGS / HRMY TA FAQ
Can you provide the ChartMill technical rating for HARMONY BIOSCIENCES HOLDINGS?
ChartMill assigns a technical rating of 3 / 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 Bearish.
What is the RSI signal for HRMY stock?
HARMONY BIOSCIENCES HOLDINGS (HRMY) has an RSI value of 68.9282. This indicates that the stock is currently neutral.
What is the short term momentum for HARMONY BIOSCIENCES HOLDINGS (HRMY) stock?
The short term momentum for HARMONY BIOSCIENCES HOLDINGS (HRMY) is positive.