HESAI GROUP (HSAI) Technical Analysis
NASDAQ:HSAI • US4280501085
Overall HSAI gets a technical rating of 6 out of 10. HSAI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- HSAI is part of the Automobile Components industry. There are 41 other stocks in this industry. HSAI outperforms 72% of them.
- HSAI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HSAI is lagging the market slightly.
- HSAI has an average volume of 2082340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that HSAI is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by HSAI over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month HSAI has a been trading in the 22.64 - 28.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, HSAI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 24.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HSAI 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
17.56
4 important support areas can be observed.
- A support zone ranging from 23.86 to 24.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.04 from a horizontal line in the daily time frame.
- Support @18.86 from a trend line in the weekly time frame.
- Support @17.74 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.55 to 29.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for HSAI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HSAI is neutral. |
| ChartMill Relative Strength | 84.7 | POSITIVE | HSAI has a high relative strength, it outperformed 84.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HSAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HSAI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests HSAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.51 | NEUTRAL | The Stochastics value for HSAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for HSAI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.28 | 23.85 | 2.43 (9.25%) | 10.81% |
| An entry @26.28. This is a Buy Stop order right above the resistance zone. | An exit @23.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.43 points, which is 9.25%. | For a 1.00% total portfolio risk, you can invest 10.81% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HSAI Technicals: Chart, Performance Metrics, Trend & Indicators
25.67
+0.43 (+1.7%)
HESAI GROUP / HSAI FAQ
What is the technical rating for HSAI stock?
ChartMill assigns a technical rating of 6 / 10 to HSAI.
What is the trend direction for HSAI stock?
The current trend direction for HESAI GROUP (HSAI) is Bearish.
Can you provide the RSI signal for HESAI GROUP?
HESAI GROUP (HSAI) has an RSI value of 47.48. This indicates that the stock is currently neutral.
What is the short term momentum for HESAI GROUP (HSAI) stock?
The short term momentum for HESAI GROUP (HSAI) is neutral.
What are the support and resistance levels for HESAI GROUP (HSAI) stock?
HESAI GROUP (HSAI) has a support level at 24.12 and a resistance level at 25.62. Check the full technical report for our detailed analysis of HSAI support and resistance levels.