HARROW INC (HROW) Stock Technical Analysis
NASDAQ:HROW - US4158581094 - Common Stock
38.57 USD
+1.21 (+3.24%)
38.8 USD
+0.23 (+0.6%)
We assign a technical rating of 8 out of 10 to HROW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HROW is only an average performer.
The long and short term trends are both positive. This is looking good!
HROW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that HROW is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HROW is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, HROW did better than 60% of them.
HROW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HROW is lagging the market.
HROW 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
30.23
40.42
We found 3 important support areas.
- Support @37.35 from a horizontal line in the daily time frame.
- Support @33.47 from a trend line in the daily time frame.
- Support @30.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @39.13 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 39.84 to 40.02. This zone is formed by a combination of multiple trend lines in the daily 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 HROW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HROW is up. |
| ChartMill Relative Strength | 76.84 | POSITIVE | HROW has a high relative strength, it outperformed 76.84% 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) | DOWN | MIXED | The current price of HROW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.26 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.19 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for HROW suggests high volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for HROW suggests a weak or negative 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)
38.57
+1.21 (+3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.24%
1 Week0.89%
2 Weeks10.74%
1 Month11.7%
3 Month37.21%
6 Month37.36%
12 Month-4.67%
2 Year154.25%
3 Year329.03%
5 Year459.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.57
ATR(20)%6.08%
ATR Inc-27.45%
Range Today1.34
ADR(20)2.31
ADR(20)%5.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.84
Mansfield0.14
10 Day High40.61
10 Day Low35.34
20 Day High40.61
20 Day Low29.75
52 Week High59.23
52 Week Low20.85
CS1 End37.35
CR1 Start39.13
Volume & EV
DER(3)4.33%
DER(5)3.01%
Volume419.10K
Volume Incr-21.8%
Vol(5)507.72K
Vol(50)524.20K