HERON THERAPEUTICS INC (HRTX) Stock Technical Analysis
NASDAQ:HRTX - Nasdaq - US4277461020 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to HRTX. HRTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than HRTX.
In the last month HRTX has a been trading in the 1.66 - 2.27 range, which is quite wide. It is currently trading near the lows of this range.
HRTX has an average volume of 1206880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HRTX is part of the Biotechnology industry. There are 551 other stocks in this industry, HRTX did better than 42% of them.
HRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HRTX is lagging the market.
The technical rating of HRTX is bad and it also does not present a quality setup 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
1.39
2.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.68 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.40 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.95 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.07 from a trend line in the weekly time frame.
- Resistance @2.14 from a trend line in the weekly time frame.
- Resistance @2.21 from a trend 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 | 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 | 13.47 | NEGATIVE | HRTX has a low relative strength, it was outperformed by 86.53% 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) | 33.84 | NEUTRAL | The RSI value for HRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HRTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.42 | OVERSOLD | The low Stochastics value suggests HRTX may be oversold. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for HRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.91 | POSITIVE | The high ADX value value for HRTX suggests a strong 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)
1.75
+0.06 (+3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.55%
1 Week-5.91%
2 Weeks-8.85%
1 Month-18.6%
3 Month-17.06%
6 Month0.57%
12 Month-11.62%
2 Year6.71%
3 Year-57.21%
5 Year-87.76%
10 Year-95.45%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%4.71%
ATR Inc-6.28%
Range Today0.08
ADR(20)0.08
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.47
Mansfield-1.43
10 Day High1.98
10 Day Low1.66
20 Day High2.28
20 Day Low1.66
52 Week High2.68
52 Week Low1.04
CS1 End1.68
CR1 Start1.84
Volume & EV
DER(3)-0.77%
DER(5)1.12%
Volume1.21M
Volume Incr-11.89%
Vol(5)993.97K
Vol(50)1.21M