HESAI GROUP (HSAI) Stock Technical Analysis
USA - NASDAQ:HSAI - US4280501085 - ADR
28.77 USD
-0.81 (-2.74%)
28.7337 USD
-0.04 (-0.13%)
Taking everything into account, HSAI scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HSAI is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by HSAI over the past year are nicely spread over this period.
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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
HSAI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HSAI has an average volume of 3128300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, HSAI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.95
30.10
4 important support areas can be observed.
- A support zone ranging from 28.76 to 28.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.88 to 22.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.61 from a trend line in the daily time frame.
- Support @18.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.05 to 29.80. 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 | UP | POSITIVE | The short term trend for HSAI is up. |
| ChartMill Relative Strength | 98.95 | POSITIVE | HSAI has a high relative strength, it outperformed 98.95% 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) | 56.8 | NEUTRAL | The RSI value for HSAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests HSAI has a negative trend. |
| Stochastics (14,3) | 58.61 | NEUTRAL | The Stochastics value for HSAI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for HSAI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.74 | 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)
28.77
-0.81 (-2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.74%
1 Week-0.96%
2 Weeks0.7%
1 Month7.23%
3 Month30.77%
6 Month89.28%
12 Month506.96%
2 Year187.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%5.7%
ATR Inc-15.15%
Range Today1.09
ADR(20)1.46
ADR(20)%5.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.95
Mansfield5.9
10 Day High30.85
10 Day Low28.01
20 Day High30.85
20 Day Low24.6
52 Week High30.85
52 Week Low4.02
CS1 End28.76
CR1 Start29.05
Volume & EV
DER(3)-2.88%
DER(5)-1.74%
Volume2.82M
Volume Incr-3.3%
Vol(5)3.20M
Vol(50)3.13M