HESAI GROUP (HSAI) Stock Technical Analysis
NASDAQ:HSAI - Nasdaq - US4280501085 - ADR - Currency: USD
Overall HSAI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HSAI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HSAI is one of the better performing stocks in the market, outperforming 99% of all stocks.
HSAI is part of the Automobile Components industry. There are 80 other stocks in this industry. HSAI outperforms 98% of them.
A new 52 week high is currently being made by HSAI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HSAI has a been trading in the 17.90 - 27.77 range, which is quite wide. It is currently trading near the high of this range.
HSAI has an average volume of 3118320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HSAI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.10
25.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.07 to 21.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.81 from a trend line in the daily time frame.
- Support @19.21 from a trend line in the daily time frame.
- Support @16.26 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for HSAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSAI is up. |
| ChartMill Relative Strength | 99.16 | POSITIVE | HSAI has a high relative strength, it outperformed 99.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSAI is above 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) | 68.87 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests HSAI has a positive trend. |
| Stochastics (14,3) | 91.25 | OVERBOUGHT | The high Stochastics value suggests HSAI may be overbought. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for HSAI 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)
25.59
+2.27 (+9.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg9.73%
1 Week13.08%
2 Weeks36.63%
1 Month17.66%
3 Month44.74%
6 Month45.07%
12 Month485.58%
2 Year159.01%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%5.38%
ATR Inc104.95%
Range Today3.59
ADR(20)1.27
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield6.98
10 Day High27.77
10 Day Low19.1
20 Day High27.77
20 Day Low17.9
52 Week High27.77
52 Week Low3.56
CS1 End21.48
CR1 StartN/A
Volume & EV
DER(3)1.72%
DER(5)0.37%
Volume11.79M
Volume Incr23.65%
Vol(5)3.67M
Vol(50)3.12M