Overall HRTX gets a technical rating of 3 out of 10. In the past year, HRTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, HRTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone. 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
1.06
We found 2 important support areas.
- A support zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.07 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.33 to 1.35. 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 1.38 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.54 from a trend line in the weekly time frame.
- Resistance @1.82 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 | DOWN | NEGATIVE | The long term trend for HRTX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HRTX is up. |
| ChartMill Relative Strength | 27.12 | NEGATIVE | HRTX has a low relative strength, it was outperformed by 72.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HRTX is above 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) | 51.41 | NEUTRAL | The RSI value for HRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HRTX has a negative trend. |
| Stochastics (14,3) | 54.38 | NEUTRAL | The Stochastics value for HRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for HRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for HRTX suggests a possible start of a new trend. |
1.28
0 (0%)
HERON THERAPEUTICS INC / HRTX FAQ
What is the ChartMill technical rating of HERON THERAPEUTICS INC (HRTX) stock?
ChartMill assigns a technical rating of 3 / 10 to HRTX.
Can you provide the trend direction for HERON THERAPEUTICS INC?
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 51.4102. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HERON THERAPEUTICS INC?
The short term momentum for HERON THERAPEUTICS INC (HRTX) is positive.
What is the buy/sell signal for HRTX stock?
The buy/sell signal for HERON THERAPEUTICS INC (HRTX) is hold as the short term and long term trends are mixed.