Heska Corporation (HSKA) Technical Analysis
NASDAQ:HSKA • US42805E3062
Current stock price
HSKA Technical Rating and Analysis
Overall HSKA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HSKA is showing a nice and steady performance.
- 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 HSKA is one of the better performing stocks in the market, outperforming 93% of all stocks.
- HSKA is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 96% of 184 stocks in the same industry.
- HSKA is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HSKA is leading the market.
- In the last month HSKA has a been trading in a tight range between 115.42 and 120.03.
HSKA Weekly and Daily overview Charts
HSKA Setup Rating and Analysis
Besides having an excellent technical rating, HSKA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 120.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
HSKA Support and Resistance Analysis
102.05
3 important support areas can be observed.
- A support zone ranging from 115.55 to 119.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.25 from a trend line in the daily time frame.
- Support @103.08 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 120.00 to 120.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
HSKA 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 | UP | POSITIVE | The long term trend for HSKA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSKA is up. |
| ChartMill Relative Strength | 93.8 | POSITIVE | HSKA has a high relative strength, it outperformed 93.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSKA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSKA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSKA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.46 | OVERBOUGHT | The high RSI value suggests HSKA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HSKA has a negative trend. |
| Stochastics (14,3) | 99.42 | OVERBOUGHT | The high Stochastics value suggests HSKA may be overbought. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for HSKA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.79 | POSITIVE | The high ADX value value for HSKA suggests a strong trend. |
HSKA Chart- and CandleStick Pattern Analysis
HSKA Example Setup
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 |
|---|---|---|---|
| 120.01 | 119.63 | 0.38 (0.32%) | 25.00% |
| An entry @120.01. This is a Buy Stop order right above the resistance zone. | An exit @119.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 0.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The distance between exit and entry is rather small compared to the average daily movement of HSKA. 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.
HSKA Technicals: Chart, Performance Metrics, Trend & Indicators
119.99
+0.05 (+0.04%)
Heska Corporation / HSKA TA FAQ
Can you provide the ChartMill technical rating for Heska Corporation?
ChartMill assigns a technical rating of 9 / 10 to HSKA.
What is the current trend direction of Heska Corporation (HSKA) stock?
The current trend direction for Heska Corporation (HSKA) is Bullish.
What is the RSI signal for Heska Corporation (HSKA) stock?
Heska Corporation (HSKA) has an RSI value of 75.4587. This indicates that the stock is currently overbought.
What is the short term momentum for HSKA stock?
The short term momentum for Heska Corporation (HSKA) is positive.
What is the buy/sell signal for Heska Corporation (HSKA) stock?
The buy/sell signal for Heska Corporation (HSKA) is buy as both the short term and long term trends are positive.