Overall HROW gets a technical rating of 3 out of 10. HROW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, HROW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
33.58
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for HROW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HROW is neutral. |
| ChartMill Relative Strength | 35.68 | 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 | POSITIVE | The current price of HROW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.12 | NEUTRAL | The RSI value for HROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests HROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.59 | NEUTRAL | The Stochastics value for HROW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for HROW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for HROW suggests a possible start of a new trend. |
38.91
+1.25 (+3.32%)
ChartMill assigns a technical rating of 3 / 10 to HROW.
The current trend direction for HARROW INC (HROW) is Bearish.
HARROW INC (HROW) has an RSI value of 51.1151. This indicates that the stock is currently neutral.
The short term momentum for HARROW INC (HROW) is neutral.
HARROW INC (HROW) has a support level at 34.74 and a resistance level at 39.73. Check the full technical report for our detailed analysis of HROW support and resistance levels.