1.44 USD
+0.02 (+1.41%)
1.4528 USD
+0.01 (+0.89%)
We assign a technical rating of 7 out of 10 to HRTX. HRTX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- HRTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- HRTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- HRTX has an average volume of 1892330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, HRTX turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- HRTX is part of the Biotechnology industry. There are 525 other stocks in this industry, HRTX did better than 56% of them.
Although HRTX has an excellent technical rating, it does not present a decent entry opportunity 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
1.06
1.77
4 important support areas can be observed.
- Support @1.41 from a horizontal line in the daily time frame.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.26 from a horizontal line in the weekly time frame.
- Support @1.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.46 to 1.46. 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 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for HRTX is up. |
| ChartMill Relative Strength | 53.01 | NEUTRAL | HRTX is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of HRTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.18 | NEUTRAL | The RSI value for HRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HRTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.37 | NEUTRAL | The Stochastics value for HRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for HRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.06 | 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)
1.44
+0.02 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.41%
1 Week-3.36%
2 Weeks3.6%
1 Month12.5%
3 Month24.14%
6 Month-14.79%
12 Month-15.29%
2 Year-40.25%
3 Year-46.86%
5 Year-91.71%
10 Year-93.14%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.8%
ATR Inc-51.75%
Range Today0.04
ADR(20)0.08
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.01
3 months CRS91.13
6 months CRS16.08
Mansfield-2.36
10 Day High1.57
10 Day Low1.4
20 Day High1.58
20 Day Low1.18
52 Week High2.68
52 Week Low1
CS1 End1.41
CR1 Start1.46
Volume & EV
DER(3)10.83%
DER(5)6.75%
Volume710.30K
Volume Incr-43.68%
Vol(5)1.07M
Vol(50)1.89M
HERON THERAPEUTICS INC / HRTX FAQ
What is the ChartMill technical rating of HERON THERAPEUTICS INC (HRTX) stock?
ChartMill assigns a technical rating of 7 / 10 to HRTX.
What is the current trend direction of HERON THERAPEUTICS INC (HRTX) stock?
The current trend direction for HERON THERAPEUTICS INC (HRTX) is Bearish.
What is the RSI signal for HRTX stock?
HERON THERAPEUTICS INC (HRTX) has an RSI value of 58.1773. This indicates that the stock is currently neutral.
What is the short term momentum for HERON THERAPEUTICS INC (HRTX) stock?
The short term momentum for HERON THERAPEUTICS INC (HRTX) is positive.