HEARTSCIENCES INC (HSCS) Stock Technical Analysis
NASDAQ:HSCS - Nasdaq - US42254E3027 - Common Stock - Currency: USD
Overall HSCS gets a technical rating of 6 out of 10. HSCS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: HSCS has an average volume of 29182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, HSCS turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
HSCS is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, HSCS did better than 68% of them.
HSCS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSCS is lagging the market.
In the last month HSCS has a been trading in the 3.30 - 4.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, HSCS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.62, a Stop Loss order could be placed below this zone.
More info and screens
2.74
4.51
We found 3 important support areas.
- A support zone ranging from 3.49 to 3.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.18 to 3.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.77 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.87 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.41 to 4.47. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for HSCS is neutral. |
| ChartMill Relative Strength | 52.57 | NEUTRAL | HSCS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSCS is above the rising 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) | UP | POSITIVE | The current price of HSCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.53 | NEUTRAL | The RSI value for HSCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HSCS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.28 | NEUTRAL | The Stochastics value for HSCS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.04 | HIGH VOLATILITY | The high ATR as a percentage value for HSCS suggests high volalility. |
| Average Directional Index/ADX (14) | 32.49 | POSITIVE | The high ADX value value for HSCS 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 |
|---|---|---|---|
| 3.98 | 3.48 | 0.50 (12.56%) | 7.96% |
| An entry @3.98. This is a Buy Stop order right above the resistance zone. | An exit @3.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 12.56%. | For a 1.00% total portfolio risk, you can invest 7.96% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HSCS. 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.
3.86
+0.29 (+8.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.02%
1 Week9.27%
2 Weeks4.53%
1 Month18.32%
3 Month32.55%
6 Month0.71%
12 Month-26.53%
2 Year-95.74%
3 Year-97.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%11.04%
ATR Inc-14.42%
Range Today0.56
ADR(20)0.41
ADR(20)%10.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.57
Mansfield0.45
10 Day High4.29
10 Day Low3.4
20 Day High4.54
20 Day Low3.3
52 Week High5.77
52 Week Low2.36
CS1 End3.62
CR1 Start3.87
Volume & EV
DER(3)-9.8%
DER(5)-2.68%
Volume51.92K
Volume Incr-38.6%
Vol(5)29.42K
Vol(50)29.18K