HARROW INC (HROW) Stock Technical Analysis
NASDAQ:HROW - Nasdaq - US4158581094 - Common Stock - Currency: USD
Taking everything into account, HROW scores 7 out of 10 in our technical rating. Although HROW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that HROW is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HROW is an average performer in the Pharmaceuticals industry, it outperforms 67% of 193 stocks in the same industry.
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.
In the last month HROW has a been trading in the 30.12 - 38.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HROW has an excellent technical rating, the quality of the presented setup is not ideal 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
30.91
37.61
We found 1 important support area.
- A support zone ranging from 31.22 to 31.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.20 to 37.24. 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 | NEUTRAL | NEUTRAL | The short term trend for HROW is neutral. |
| ChartMill Relative Strength | 74.58 | POSITIVE | HROW has a high relative strength, it outperformed 74.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HROW is below 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) | 50.44 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests HROW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.37 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for HROW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for HROW 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)
33.45
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.09%
1 Week-3.13%
2 Weeks-7.37%
1 Month7.87%
3 Month37.09%
6 Month7.87%
12 Month-6.93%
2 Year120.5%
3 Year272.08%
5 Year385.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.81
ATR(20)%5.69%
ATR Inc-2.89%
Range Today1.26
ADR(20)1.84
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.58
Mansfield-1.07
10 Day High37.74
10 Day Low30.12
20 Day High38.09
20 Day Low30.12
52 Week High59.23
52 Week Low20.85
CS1 End31.22
CR1 Start36.2
Volume & EV
DER(3)1.61%
DER(5)0.08%
Volume296.80K
Volume Incr-0.13%
Vol(5)444.07K
Vol(50)433.13K