Taking everything into account, HSAI scores 3 out of 10 in our technical rating. Although HSAI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HSAI is bad and it also does not present a quality setup 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
18.04
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.23 to 18.28. 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 | DOWN | NEGATIVE | The long term trend for HSAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSAI is down. |
| ChartMill Relative Strength | 93.72 | POSITIVE | HSAI has a high relative strength, it outperformed 93.72% 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) | DOWN | NEGATIVE | The current price of HSAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HSAI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.75 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests HSAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.19 | OVERSOLD | The low Stochastics value suggests HSAI may be oversold. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for HSAI suggests a strong trend. |
18.22
+2.79 (+18.08%)
HESAI GROUP / HSAI FAQ
What is the technical rating for HSAI stock?
ChartMill assigns a technical rating of 3 / 10 to HSAI.
Can you provide the trend direction for HESAI GROUP?
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 40.7533. 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 sell as both the short term and long term trends are negative.