HARROW INC (HROW) Stock Technical Analysis
NASDAQ:HROW - Nasdaq - US4158581094 - Common Stock - Currency: USD
Overall HROW gets a technical rating of 9 out of 10. In the last year, HROW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
HROW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
HROW is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 86% of 195 stocks in the same industry.
In the last month HROW has a been trading in the 25.21 - 32.45 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HROW did better than 90% of all other stocks. On top of that, HROW also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
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
25.06
32.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.34 to 31.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.31 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.55 to 32.00. 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 | 90.01 | POSITIVE | HROW has a high relative strength, it outperformed 90.01% 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 | NEGATIVE | The current price of HROW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.37 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.27 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for HROW suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | 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)
31.54
+1.23 (+4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.06%
1 Week4.61%
2 Weeks5.2%
1 Month11.02%
3 Month11.02%
6 Month-7.83%
12 Month50.19%
2 Year65.65%
3 Year333.24%
5 Year505.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%4.61%
ATR Inc-8.13%
Range Today1.61
ADR(20)1.42
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.01
Mansfield-1.08
10 Day High32.45
10 Day Low27.76
20 Day High32.45
20 Day Low25.21
52 Week High59.23
52 Week Low20.36
CS1 End31.53
CR1 Start31.55
Volume & EV
DER(3)-1.25%
DER(5)-1.14%
Volume350.90K
Volume Incr-19.67%
Vol(5)380.68K
Vol(50)460.13K