HARROW INC (HROW) Stock Technical Analysis
NASDAQ:HROW • US4158581094
We assign a technical rating of 10 out of 10 to HROW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HROW is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that HROW is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by HROW over the past year are nicely spread over this period.
- HROW is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. HROW outperforms 84% of them.
- HROW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HROW has a been trading in the 40.61 - 54.49 range, which is quite wide. It is currently trading near the high of this range.
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
36.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 47.11 to 47.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.28 to 43.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.07 from a trend line in the weekly time frame.
- Support @36.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.22 to 54.81. This zone is formed by a combination of multiple trend lines 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 | 93.38 | POSITIVE | HROW has a high relative strength, it outperformed 93.38% 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) | 68.8 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.58 | OVERBOUGHT | The high Stochastics value suggests HROW may be overbought. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for HROW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for HROW suggests a strong trend. |
54.18
+0.19 (+0.35%)
HARROW INC / HROW FAQ
Can you provide the ChartMill technical rating for HARROW INC?
ChartMill assigns a technical rating of 10 / 10 to HROW.
Can you provide the trend direction for HARROW INC?
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 68.8046. 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 0.647197, indicating a bearish trend.
What is the short term momentum for HARROW INC (HROW) stock?
The short term momentum for HARROW INC (HROW) is positive.