SOLANA CO (HSDT) Technical Analysis
NASDAQ:HSDT • US42328V8761
Current stock price
HSDT Technical Rating and Analysis
Taking everything into account, HSDT scores 1 out of 10 in our technical rating. HSDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 98% of all other stocks performed better in the past year than HSDT.
- HSDT is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 88% of 184 stocks in the same industry do better.
- HSDT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HSDT is lagging the market.
- In the last month HSDT has a been trading in the 1.74 - 2.44 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.
HSDT Weekly and Daily overview Charts
HSDT Setup Rating and Analysis
HSDT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for HSDT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HSDT Support and Resistance Analysis
1.82
2 important support areas can be observed.
- Support @1.89 from a horizontal line in the daily time frame.
- A support zone ranging from 1.84 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @2.11 from a trend line in the daily time frame.
- A resistance zone ranging from 2.17 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.33 from a horizontal line in the daily time frame.
HSDT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for HSDT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HSDT is neutral. |
| ChartMill Relative Strength | 2.24 | NEGATIVE | HSDT has a low relative strength, it was outperformed by 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSDT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HSDT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HSDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.38 | NEUTRAL | The RSI value for HSDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HSDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.71 | NEUTRAL | The Stochastics value for HSDT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.95 | HIGH VOLATILITY | The high ATR as a percentage value for HSDT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for HSDT suggests a weak or negative trend. |
HSDT Chart- and CandleStick Pattern Analysis
HSDT Technicals: Chart, Performance Metrics, Trend & Indicators
2.11
+0.02 (+0.96%)
SOLANA CO / HSDT TA FAQ
What is the technical rating for HSDT stock?
ChartMill assigns a technical rating of 1 / 10 to HSDT.
What is the current trend direction of SOLANA CO (HSDT) stock?
The current trend direction for SOLANA CO (HSDT) is Bearish.
What is the RSI signal for HSDT stock?
SOLANA CO (HSDT) has an RSI value of 46.377. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOLANA CO?
The short term momentum for SOLANA CO (HSDT) is neutral.