HARMONY BIOSCIENCES HOLDINGS (HRMY) Stock Technical Analysis
NASDAQ:HRMY - Nasdaq - US4131971040 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to HRMY. HRMY'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than HRMY.
HRMY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
HRMY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HRMY is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, HRMY did better than 63% of them.
Considerably lower volume is observed in the last couple of days.
HRMY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.46, a Stop Loss order could be placed below this zone.
More info and screens
27.66
41.90
When analyzing the support we notice one important area.
- A support zone ranging from 27.94 to 28.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 29.53 to 29.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.81 from a trend line in the daily time frame.
- Resistance @35.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.17 to 39.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.49 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.98
Mansfield-1.06
10 Day High30
10 Day Low27.56
20 Day High32.69
20 Day Low26.47
52 Week High41.61
52 Week Low26.47
Performance
1 Week1.97%
2 Weeks2.5%
1 Month-9.1%
3 Month-23.99%
6 Month-10.91%
12 Month-6.65%
2 Year-8.59%
3 Year-34.57%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)42.97
LBB28.1
UBB30
29.47
+0.03 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.1%
1 Week1.97%
2 Weeks2.5%
1 Month-9.1%
3 Month-23.99%
6 Month-10.91%
12 Month-6.65%
2 Year-8.59%
3 Year-34.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%4.56%
ATR Inc-33.82%
Range Today0.93
ADR(20)1.3
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.98
Mansfield-1.06
10 Day High30
10 Day Low27.56
20 Day High32.69
20 Day Low26.47
52 Week High41.61
52 Week Low26.47
CS1 End28.46
CR1 Start29.53
Volume & EV
DER(3)-1%
DER(5)-1.3%
Volume435.30K
Volume Incr-33.3%
Vol(5)473.50K
Vol(50)741.98K