HERON THERAPEUTICS INC (HRTX) Technical Analysis
NASDAQ:HRTX • US4277461020
Current stock price
HRTX Technical Rating and Analysis
Taking everything into account, HRTX scores 0 out of 10 in our technical rating. HRTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HRTX is a bad performer in the overall market: 95% of all stocks are doing better.
- HRTX is one of the lesser performing stocks in the Biotechnology industry. 82% of 517 stocks in the same industry do better.
- HRTX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HRTX is lagging the market.
- HRTX has an average volume of 1749280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HRTX has a been trading in the 0.74 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HRTX Weekly and Daily overview Charts
HRTX Setup Rating and Analysis
Although the technical rating is bad, HRTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
HRTX Support and Resistance Analysis
0.80
When analyzing the resistance we notice 3 important areas.
- Resistance @0.96 from a trend line in the daily time frame.
- Resistance @1.16 from a trend line in the daily time frame.
- Resistance @1.18 from a trend line in the weekly time frame.
HRTX 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 HRTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRTX is down. |
| ChartMill Relative Strength | 5.26 | NEGATIVE | HRTX has a low relative strength, it was outperformed by 94.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.8 | NEUTRAL | The RSI value for HRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HRTX has a positive trend. |
| Stochastics (14,3) | 33.64 | NEUTRAL | The Stochastics value for HRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for HRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.67 | POSITIVE | The high ADX value value for HRTX suggests a strong trend. |
HRTX Chart- and CandleStick Pattern Analysis
HRTX Technicals: Chart, Performance Metrics, Trend & Indicators
0.8105
+0.01 (+1.41%)
HERON THERAPEUTICS INC / HRTX TA FAQ
What is the ChartMill technical rating of HERON THERAPEUTICS INC (HRTX) stock?
ChartMill assigns a technical rating of 0 / 10 to HRTX.
What is the trend direction for HRTX stock?
The current trend direction for HERON THERAPEUTICS INC (HRTX) is Bearish.
What is the RSI signal for HERON THERAPEUTICS INC (HRTX) stock?
HERON THERAPEUTICS INC (HRTX) has an RSI value of 37.7982. This indicates that the stock is currently neutral.
What is the MACD signal for HRTX stock?
The MACD indicator for HERON THERAPEUTICS INC (HRTX) has a value of 0.0124198, indicating a bearish trend.
Can you provide the short term momentum for HERON THERAPEUTICS INC?
The short term momentum for HERON THERAPEUTICS INC (HRTX) is negative.