HARMONY BIOSCIENCES HOLDINGS (HRMY) Stock Technical Analysis
NASDAQ:HRMY - US4131971040 - Common Stock
36.89 USD
-1.08 (-2.84%)
37.01 USD
+0.12 (+0.33%)
Taking everything into account, HRMY scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HRMY is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HRMY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HRMY is lagging the market slightly.
In the last month HRMY has a been trading in the 32.64 - 38.28 range, which is quite wide. It is currently trading near the high of this range.
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 49% of all stocks.
HRMY is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, HRMY did better than 55% of them.
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
39.69
4 important support areas can be observed.
- A support zone ranging from 34.98 to 35.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.56 to 31.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.74 from a trend line in the weekly time frame.
- Support @29.03 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @39.30 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for HRMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRMY is up. |
| ChartMill Relative Strength | 49.83 | NEUTRAL | HRMY is not amongst the best or worst performers 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) | 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) | 54.38 | NEUTRAL | The RSI value for HRMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HRMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.12 | OVERBOUGHT | The high Stochastics value suggests HRMY may be overbought. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for HRMY suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | 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)
36.89
-1.08 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.84%
1 Week-2.56%
2 Weeks0.05%
1 Month7.24%
3 Month6.93%
6 Month8.98%
12 Month2.53%
2 Year1.77%
3 Year-15.99%
5 Year4.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.9%
ATR Inc28.54%
Range Today1.6
ADR(20)1.05
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.83
Mansfield-0.25
10 Day High38.28
10 Day Low36.08
20 Day High38.28
20 Day Low32.64
52 Week High41.61
52 Week Low26.47
CS1 End35.21
CR1 Start39.3
Volume & EV
DER(3)-2.2%
DER(5)-1.58%
Volume474.50K
Volume Incr-25.02%
Vol(5)414.58K
Vol(50)573.90K