HORIZON TECHNOLOGY FINANCE C (HRZN) Technical Analysis
NASDAQ:HRZN • US44045A1025
Current stock price
HRZN Technical Rating and Analysis
Taking everything into account, HRZN scores 0 out of 10 in our technical rating. HRZN'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, HRZN is a bad performer in the overall market: 93% of all stocks are doing better.
- HRZN is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 81% are performing better than HRZN.
- HRZN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HRZN is lagging the market.
- HRZN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- HRZN has an average volume of 1148230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
HRZN Weekly and Daily overview Charts
HRZN Setup Rating and Analysis
HRZN has a poor technical rating and the quality of the setup is also only medium 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
HRZN Support and Resistance Analysis
3.99
When analyzing the support we notice one important area.
- A support zone ranging from 4.03 to 4.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.31 to 4.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.24 from a trend line in the daily time frame.
- A resistance zone ranging from 6.60 to 6.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.81 from a horizontal line in the daily time frame.
- Resistance @6.97 from a horizontal line in the daily time frame.
HRZN 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 HRZN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRZN is down. |
| ChartMill Relative Strength | 7.08 | NEGATIVE | HRZN has a low relative strength, it was outperformed by 92.92% 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) | 32.46 | NEUTRAL | The RSI value for HRZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HRZN has a positive trend. |
| Stochastics (14,3) | 49.06 | NEUTRAL | The Stochastics value for HRZN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for HRZN suggests high volalility. |
| Average Directional Index/ADX (14) | 51.73 | POSITIVE | The high ADX value value for HRZN suggests a strong trend. |
HRZN Chart- and CandleStick Pattern Analysis
HRZN Technicals: Chart, Performance Metrics, Trend & Indicators
4.3
+0.07 (+1.65%)
HORIZON TECHNOLOGY FINANCE C / HRZN TA FAQ
What is the technical rating for HRZN stock?
ChartMill assigns a technical rating of 0 / 10 to HRZN.
What is the trend direction for 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 32.4586. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HORIZON TECHNOLOGY FINANCE C?
The buy/sell signal for HORIZON TECHNOLOGY FINANCE C (HRZN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for HRZN stock?
HORIZON TECHNOLOGY FINANCE C (HRZN) has a support level at 4.09 and a resistance level at 4.31. Check the full technical report for our detailed analysis of HRZN support and resistance levels.