We assign a technical rating of 8 out of 10 to HSAI. Although HSAI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although HSAI has an excellent technical rating, it does not present a decent entry opportunity 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.
15.44
We found 3 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The short term trend for HSAI is up. |
| ChartMill Relative Strength | 86.08 | POSITIVE | HSAI has a high relative strength, it outperformed 86.08% 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) | 60.62 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests HSAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.56 | OVERBOUGHT | The high Stochastics value suggests HSAI may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for HSAI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for HSAI suggests a weak or negative trend. |
22.75
-0.81 (-3.44%)
ChartMill assigns a technical rating of 8 / 10 to HSAI.
The current trend direction for HESAI GROUP (HSAI) is Bearish.
HESAI GROUP (HSAI) has an RSI value of 60.6163. This indicates that the stock is currently neutral.
The short term momentum for HESAI GROUP (HSAI) is positive.