HESAI GROUP (HSAI) Stock Technical Analysis
NASDAQ:HSAI - Nasdaq - US4280501085 - ADR - Currency: USD
Taking everything into account, HSAI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HSAI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HSAI did better than 98% of all other stocks. On top of that, HSAI also shows a nice and consistent pattern of rising prices.
HSAI is part of the Automobile Components industry. There are 81 other stocks in this industry. HSAI outperforms 100% of them.
HSAI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HSAI is performing more or less in line with the market.
HSAI has an average volume of 5509740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HSAI has a been trading in the 15.85 - 22.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HSAI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.39. Right above this resistance zone may be a good entry point.
More info and screens
11.10
21.85
We found 3 important support areas.
- A support zone ranging from 18.76 to 18.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.82 to 12.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.39 to 21.63. 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 | 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 | 98.78 | POSITIVE | HSAI has a high relative strength, it outperformed 98.78% 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) | DOWN | MIXED | The current price of HSAI is above a declining 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) | 52.17 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HSAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.31 | NEUTRAL | The Stochastics value for HSAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.25 | POSITIVE | The high ADX value value for HSAI suggests a strong 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)
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 |
|---|---|---|---|
| 20.20 | 18.75 | 1.45 (7.19%) | 13.92% |
| An entry @20.20. This is a Buy Stop order right above the 10 day moving average. | An exit @18.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.45 points, which is 7.19%. | When investing 13.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HSAI. Please evaluate whether better entry and exit points can be found.
- 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.
18.86
-1.3 (-6.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-6.45%
1 Week-12.81%
2 Weeks8.64%
1 Month8.7%
3 Month5.3%
6 Month130.56%
12 Month288.07%
2 Year149.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%8.48%
ATR Inc19.78%
Range Today1.56
ADR(20)1.53
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.78
Mansfield7.97
10 Day High22.77
10 Day Low17.38
20 Day High22.77
20 Day Low15.85
52 Week High24.18
52 Week Low3.52
CS1 End18.85
CR1 Start21.39
Volume & EV
DER(3)-4.83%
DER(5)-1.43%
Volume5.10M
Volume Incr-0.5%
Vol(5)5.45M
Vol(50)5.51M