HARMONY BIOSCIENCES HOLDINGS (HRMY) Stock Technical Analysis
NASDAQ:HRMY - Nasdaq - US4131971040 - Common Stock - Currency: USD
Taking everything into account, HRMY scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HRMY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
HRMY is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 198 stocks in the same industry.
In the last month HRMY has a been trading in the 28.64 - 36.17 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that HRMY is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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 excellent technical rating, but the quality of the setup is only medium 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
28.74
41.90
4 important support areas can be observed.
- A support zone ranging from 35.46 to 35.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.54 to 34.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.09 to 33.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.03 to 29.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @35.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.91 to 39.30. 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
CRS81.33
Mansfield0.07
10 Day High36.17
10 Day Low31.47
20 Day High36.17
20 Day Low28.64
52 Week High41.61
52 Week Low26.47
Performance
1 Week3.64%
2 Weeks11.14%
1 Month22.07%
3 Month3.07%
6 Month4.55%
12 Month18.93%
2 Year3.01%
3 Year-18.3%
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)0.47
RSI(14)66.05
LBB29.38
UBB37.47
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.93 | 35.45 | 0.48 (1.34%) | 25.00% |
| An entry @35.93. This is a Buy Stop order right above the resistance zone. | An exit @35.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.48 points, which is 1.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
- The distance between exit and entry is rather small compared to the average daily movement of HRMY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.62
-0.29 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.81%
1 Week3.64%
2 Weeks11.14%
1 Month22.07%
3 Month3.07%
6 Month4.55%
12 Month18.93%
2 Year3.01%
3 Year-18.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%3.41%
ATR Inc-22.27%
Range Today0.86
ADR(20)1.2
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.33
Mansfield0.07
10 Day High36.17
10 Day Low31.47
20 Day High36.17
20 Day Low28.64
52 Week High41.61
52 Week Low26.47
CS1 End35.61
CR1 Start35.92
Volume & EV
DER(3)0.81%
DER(5)1.38%
Volume704.90K
Volume Incr-22.13%
Vol(5)572.28K
Vol(50)726.64K