We assign a technical rating of 6 out of 10 to HROW. HROW was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, HROW did better than 91% of all other stocks.
- HROW is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 77% of 191 stocks in the same industry.
- HROW 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 HROW is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month HROW has a been trading in the 40.61 - 51.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HROW 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
35.84
4 important support areas can be observed.
- A support zone ranging from 40.93 to 41.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.90 from a trend line in the daily time frame.
- Support @38.11 from a trend line in the weekly time frame.
- Support @36.20 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @47.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 49.37 to 50.10. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for HROW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HROW is neutral. |
| ChartMill Relative Strength | 91.93 | POSITIVE | HROW has a high relative strength, it outperformed 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HROW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HROW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HROW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests HROW has a positive trend. |
| Stochastics (14,3) | 70.71 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for HROW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for HROW suggests a weak or negative trend. |
47.32
+1.26 (+2.74%)
HARROW INC / HROW FAQ
Can you provide the ChartMill technical rating for HARROW INC?
ChartMill assigns a technical rating of 6 / 10 to HROW.
Can you provide the trend direction for HARROW INC?
The current trend direction for HARROW INC (HROW) is Bearish.
Can you provide the RSI signal for HARROW INC?
HARROW INC (HROW) has an RSI value of 53.8329. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HARROW INC?
The MACD indicator for HARROW INC (HROW) has a value of 0.215919, indicating a bearish trend.
What is the short term momentum for HARROW INC (HROW) stock?
The short term momentum for HARROW INC (HROW) is neutral.