HARROW INC (HROW) Technical Analysis
NASDAQ:HROW • US4158581094
Current stock price
HROW Technical Rating and Analysis
Taking everything into account, HROW scores 2 out of 10 in our technical rating. HROW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- In the last month HROW has a been trading in the 33.02 - 37.78 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, HROW turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- HROW is an average performer in the Pharmaceuticals industry, it outperforms 59% 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.
- Considerably lower volume is observed in the last couple of days.
HROW Weekly and Daily overview Charts
HROW Setup Rating and Analysis
Although the technical rating is bad, HROW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 33.93, a Stop Loss order could be placed below this zone.
More info and screens
HROW Support and Resistance Analysis
32.94
When analyzing the support we notice one important area.
- A support zone ranging from 33.27 to 33.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @37.30 from a horizontal line in the daily time frame.
- Resistance @53.90 from a trend line in the weekly time frame.
- Resistance @54.80 from a horizontal line in the daily time frame.
HROW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HROW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HROW is neutral. |
| ChartMill Relative Strength | 63.54 | NEUTRAL | HROW is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of HROW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HROW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.92 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.24 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for HROW suggests some volalility. |
| Average Directional Index/ADX (14) | 30.81 | POSITIVE | The high ADX value value for HROW suggests a strong trend. |
HROW Chart- and CandleStick Pattern Analysis
HROW Technicals: Chart, Performance Metrics, Trend & Indicators
35.93
-1.36 (-3.65%)
HARROW INC / HROW TA FAQ
Can you provide the ChartMill technical rating for HARROW INC?
ChartMill assigns a technical rating of 2 / 10 to HROW.
What is the current trend direction of HARROW INC (HROW) stock?
The current trend direction for HARROW INC (HROW) is Bearish.
What is the RSI signal for HROW stock?
HARROW INC (HROW) has an RSI value of 44.9218. This indicates that the stock is currently neutral.
What is the MACD signal for HROW stock?
The MACD indicator for HARROW INC (HROW) has a value of 0.681758, indicating a bearish trend.