HORIZON TECHNOLOGY FINANCE C (HRZN) Stock Technical Analysis
NASDAQ:HRZN - Nasdaq - US44045A1025 - Common Stock - Currency: USD
Taking everything into account, HRZN scores 3 out of 10 in our technical rating. In the past year, HRZN 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, HRZN is a bad performer in the overall market: 85% of all stocks are doing better.
HRZN is part of the Capital Markets industry. There are 237 other stocks in this industry, of which 81% are performing better than HRZN.
HRZN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HRZN is lagging the market.
In the last month HRZN has a been trading in the 7.38 - 8.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HRZN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.06
9.71
When analyzing the support we notice one important area.
- A support zone ranging from 7.13 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.29 to 8.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.61 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for HRZN is neutral. |
| ChartMill Relative Strength | 15.98 | NEGATIVE | HRZN has a low relative strength, it was outperformed by 84.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRZN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HRZN is below the rising 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) | 41.12 | NEUTRAL | The RSI value for HRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HRZN has a negative trend. |
| Stochastics (14,3) | 18.76 | OVERSOLD | The low Stochastics value suggests HRZN may be oversold. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for HRZN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.92 | NEUTRAL | The ADX value for HRZN suggests a possible start of a new 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)
7.68
-0.16 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.04%
1 Week-7.25%
2 Weeks-4.71%
1 Month3.09%
3 Month4.07%
6 Month-18.21%
12 Month-31.55%
2 Year-35.35%
3 Year-38.8%
5 Year-36.21%
10 Year-27.07%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.88%
ATR Inc39.99%
Range Today0.22
ADR(20)0.22
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.98
Mansfield-2.16
10 Day High8.46
10 Day Low7.6
20 Day High8.46
20 Day Low7.38
52 Week High11.47
52 Week Low7.09
CS1 End7.16
CR1 Start8.29
Volume & EV
DER(3)-4.82%
DER(5)-1.9%
Volume524.60K
Volume Incr-18.09%
Vol(5)400.48K
Vol(50)448.68K