HESAI GROUP (HSAI) Stock Technical Analysis
USA - NASDAQ:HSAI - US4280501085 - ADR
We assign a technical rating of 5 out of 10 to HSAI. In the last year, HSAI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, HSAI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.38, a Stop Loss order could be placed below this zone.
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19.81
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.27 to 23.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.45 from a trend line in the daily time frame.
- A support zone ranging from 21.78 to 22.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.59 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HSAI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSAI is down. |
| ChartMill Relative Strength | 98.79 | POSITIVE | HSAI has a high relative strength, it outperformed 98.79% 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) | 44.24 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests HSAI has a positive trend. |
| Stochastics (14,3) | 60.43 | NEUTRAL | The Stochastics value for HSAI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for HSAI suggests a possible start of a new trend. |
23.49
-0.24 (-1.01%)
HESAI GROUP / HSAI FAQ
What is the technical rating for HSAI stock?
ChartMill assigns a technical rating of 5 / 10 to HSAI.
Can you provide the trend direction for HESAI GROUP?
The current trend direction for HESAI GROUP (HSAI) is Bullish.
Can you provide the RSI signal for HESAI GROUP?
HESAI GROUP (HSAI) has an RSI value of 44.2375. This indicates that the stock is currently neutral.
What is the short term momentum for HSAI stock?
The short term momentum for HESAI GROUP (HSAI) is negative.
Can you provide the buy/sell signal for HESAI GROUP?
The buy/sell signal for HESAI GROUP (HSAI) is hold as the short term and long term trends are mixed.