Taking everything into account, HROW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HROW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although HROW has an excellent technical rating, it does not present a decent entry opportunity 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
33.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.76 to 44.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.86 to 36.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.89 from a trend line in the daily time frame.
- Support @34.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.11 to 47.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 HROW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HROW is up. |
| ChartMill Relative Strength | 80.81 | POSITIVE | HROW has a high relative strength, it outperformed 80.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HROW is above the rising 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) | 53.56 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.36 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for HROW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.56 | NEUTRAL | The ADX value for HROW suggests a possible start of a new trend. |
44.77
-0.93 (-2.04%)
HARROW INC / HROW FAQ
Can you provide the ChartMill technical rating for HARROW INC?
ChartMill assigns a technical rating of 9 / 10 to HROW.
What is the trend direction for HROW stock?
The current trend direction for HARROW INC (HROW) is Bullish.
Can you provide the RSI signal for HARROW INC?
HARROW INC (HROW) has an RSI value of 53.5574. This indicates that the stock is currently neutral.
What is the short term momentum for HARROW INC (HROW) stock?
The short term momentum for HARROW INC (HROW) is positive.
What are the support and resistance levels for HARROW INC (HROW) stock?
HARROW INC (HROW) has a support level at 44.76 and a resistance level at 47.11. Check the full technical report for our detailed analysis of HROW support and resistance levels.