HEARTSCIENCES INC (HSCS) Stock Technical Analysis
NASDAQ:HSCS • US42254E3027
Overall HSCS gets a technical rating of 4 out of 10. In the past year, HSCS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 77% of all other stocks performed better in the past year than HSCS.
- HSCS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- HSCS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 59% of 186 stocks in the same industry.
- In the last month HSCS has a been trading in the 2.72 - 3.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HSCS has an average technical rating and also the quality of the setup is only medium 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
2.78
We found 2 important support areas.
- A support zone ranging from 2.92 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.38 to 3.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.77 from a horizontal line in the daily time frame.
- Resistance @4.25 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for HSCS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSCS is up. |
| ChartMill Relative Strength | 23.33 | NEGATIVE | HSCS has a low relative strength, it was outperformed by 76.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HSCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HSCS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for HSCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HSCS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.82 | NEUTRAL | The Stochastics value for HSCS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for HSCS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for HSCS suggests a possible start of a new trend. |
3.12
-0.05 (-1.58%)
HEARTSCIENCES INC / HSCS FAQ
What is the technical rating for HSCS stock?
ChartMill assigns a technical rating of 4 / 10 to HSCS.
Can you provide the trend direction for HEARTSCIENCES INC?
The current trend direction for HEARTSCIENCES INC (HSCS) is Bearish.
What is the RSI signal for HSCS stock?
HEARTSCIENCES INC (HSCS) has an RSI value of 49.7858. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HEARTSCIENCES INC?
HEARTSCIENCES INC (HSCS) has a support level at 2.98 and a resistance level at 3.18. Check the full technical report for our detailed analysis of HSCS support and resistance levels.