HARMONY BIOSCIENCES HOLDINGS (HRMY) Stock Technical Analysis
NASDAQ:HRMY - Nasdaq - US4131971040 - Common Stock - Currency: USD
Taking everything into account, HRMY scores 4 out of 10 in our technical rating. HRMY 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.
In the last month HRMY has a been trading in the 32.39 - 36.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HRMY is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 72% of 195 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, HRMY turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
HRMY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRMY is lagging the market slightly.
HRMY has an average technical rating and it also does not offer a high 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
28.18
41.90
We found 3 important support areas.
- Support @32.96 from a horizontal line in the daily time frame.
- A support zone ranging from 29.03 to 29.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @28.46 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 34.74 to 35.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.59 from a trend line in the daily time frame.
- Resistance @39.29 from a horizontal line in the weekly time frame.
- Resistance @41.49 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 HRMY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRMY is neutral. |
| ChartMill Relative Strength | 66.05 | NEUTRAL | HRMY is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of HRMY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.88 | NEUTRAL | The RSI value for HRMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests HRMY has a negative trend. |
| Stochastics (14,3) | 28.48 | NEUTRAL | The Stochastics value for HRMY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for HRMY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | POSITIVE | The high ADX value value for HRMY suggests a strong 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)
32.97
-0.36 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.08%
1 Week-7.39%
2 Weeks-4.43%
1 Month-3.68%
3 Month0.76%
6 Month1.79%
12 Month13.49%
2 Year-6.31%
3 Year-32.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%3.39%
ATR Inc76.76%
Range Today0.87
ADR(20)1.1
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.05
Mansfield-0.76
10 Day High36.47
10 Day Low32.39
20 Day High36.47
20 Day Low32.39
52 Week High41.61
52 Week Low26.47
CS1 End32.96
CR1 Start34.74
Volume & EV
DER(3)0.01%
DER(5)-0.98%
Volume786.76K
Volume Incr1.33%
Vol(5)658.85K
Vol(50)714.05K