HERON THERAPEUTICS INC (HRTX) Stock Technical Analysis
NASDAQ:HRTX - Nasdaq - US4277461020 - Common Stock - Currency: USD
Taking everything into account, HRTX scores 4 out of 10 in our technical rating. In the last year, HRTX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
89% of all other stocks performed better in the past year than HRTX.
HRTX has an average volume of 1516530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
HRTX is part of the Biotechnology industry. There are 558 other stocks in this industry, HRTX did better than 46% of them.
HRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRTX is lagging the market slightly.
In the last month HRTX has a been trading in the 1.82 - 2.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HRTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.12. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HRTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.34
2.50
When analyzing the support we can see 8 important areas.
- A support zone ranging from 2.03 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.92 from a horizontal line in the daily time frame.
- Support @1.87 from a trend line in the daily time frame.
- A support zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a horizontal line in the daily time frame.
- Support @1.68 from a horizontal line in the daily time frame.
- Support @1.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.12 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.17 from a trend line in the weekly time frame.
- Resistance @2.30 from a trend line in the daily time frame.
- Resistance @2.48 from a horizontal line in the daily time frame.
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 HRTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRTX is neutral. |
| ChartMill Relative Strength | 11.89 | NEGATIVE | HRTX has a low relative strength, it was outperformed by 88.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HRTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HRTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.82 | 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) | 48.34 | NEUTRAL | The Stochastics value for HRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for HRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for HRTX 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)
2.11
+0.11 (+5.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.5%
1 Week9.33%
2 Weeks0.48%
1 Month12.83%
3 Month-6.64%
6 Month36.13%
12 Month-39.71%
2 Year81.9%
3 Year-24.37%
5 Year-85.66%
10 Year-93.23%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.04%
ATR Inc55.25%
Range Today0.22
ADR(20)0.1
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.89
Mansfield0.1
10 Day High2.21
10 Day Low1.9
20 Day High2.21
20 Day Low1.82
52 Week High3.73
52 Week Low1.04
CS1 End2.04
CR1 Start2.12
Volume & EV
DER(3)10.83%
DER(5)10.39%
Volume2.13M
Volume Incr71.46%
Vol(5)1.65M
Vol(50)1.52M