HORIZON TECHNOLOGY FINANCE C (HRZN) Stock Technical Analysis
USA - NASDAQ:HRZN - US44045A1025 - Common Stock
Overall HRZN gets a technical rating of 0 out of 10. HRZN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HRZN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for HRZN 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
5.91
When analyzing the resistance we notice 3 important areas.
- Resistance @6.25 from a horizontal line in the daily time frame.
- Resistance @7.49 from a trend line in the daily time frame.
- Resistance @7.85 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 HRZN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRZN is down. |
| ChartMill Relative Strength | 6.4 | NEGATIVE | HRZN has a low relative strength, it was outperformed by 93.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HRZN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HRZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRZN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.02 | NEUTRAL | The RSI value for HRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HRZN has a positive trend. |
| Stochastics (14,3) | 37.85 | NEUTRAL | The Stochastics value for HRZN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for HRZN suggests some volalility. |
| Average Directional Index/ADX (14) | 44.81 | POSITIVE | The high ADX value value for HRZN suggests a strong trend. |
5.97
+0.03 (+0.51%)
HORIZON TECHNOLOGY FINANCE C / HRZN FAQ
What is the technical rating for HRZN stock?
ChartMill assigns a technical rating of 0 / 10 to HRZN.
What is the current trend direction of HORIZON TECHNOLOGY FINANCE C (HRZN) stock?
The current trend direction for HORIZON TECHNOLOGY FINANCE C (HRZN) is Bearish.
Can you provide the RSI signal for HORIZON TECHNOLOGY FINANCE C?
HORIZON TECHNOLOGY FINANCE C (HRZN) has an RSI value of 41.0173. This indicates that the stock is currently neutral.
What is the MACD signal for HRZN stock?
The MACD indicator for HORIZON TECHNOLOGY FINANCE C (HRZN) has a value of 0.0270908, indicating a bearish trend.
Can you provide the short term momentum for HORIZON TECHNOLOGY FINANCE C?
The short term momentum for HORIZON TECHNOLOGY FINANCE C (HRZN) is negative.