HERON THERAPEUTICS INC (HRTX) Technical Analysis
NASDAQ:HRTX • US4277461020
Current stock price
HRTX Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 518 stocks in the same industry do better.
- HRTX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so HRTX is lagging the market.
- In the last month HRTX has a been trading in the 0.88 - 1.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- HRTX has an average volume of 1735880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HRTX Weekly and Daily overview Charts
HRTX Setup Rating and Analysis
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
HRTX Support and Resistance Analysis
0.89
3 important resistance areas can be observed.
- A resistance zone ranging from 1.24 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.26 from a trend line in the weekly time frame.
- Resistance @1.35 from a trend line in the daily 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 | 5.58 | NEGATIVE | HRTX has a low relative strength, it was outperformed by 94.42% 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) | 28.89 | OVERSOLD | The low RSI value suggests HRTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HRTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.96 | OVERSOLD | The low Stochastics value suggests HRTX may be oversold. |
| Average True Range in percent/ATR (20) | 9.7 | HIGH VOLATILITY | The high ATR as a percentage value for HRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.17 | 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
0.8972
+0.02 (+1.76%)
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 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 28.8858. This indicates that the stock is currently oversold.
What is the short term momentum for HERON THERAPEUTICS INC (HRTX) stock?
The short term momentum for HERON THERAPEUTICS INC (HRTX) is negative.
What is the buy/sell signal for HERON THERAPEUTICS INC (HRTX) stock?
The buy/sell signal for HERON THERAPEUTICS INC (HRTX) is sell as both the short term and long term trends are negative.