HOSPIRA INC (HSP) Stock Technical Analysis
NYSE:HSP - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to HSP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HSP is showing a nice and steady performance.
Besides having an excellent technical rating, HSP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 89.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.94, a Stop Loss order could be placed below this zone.
More info and screens
86.37
We found 1 important support area.
- A support zone ranging from 87.24 to 89.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 89.95 to 89.97. This zone is formed by a combination of multiple trend lines 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 HSP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSP is up. |
| ChartMill Relative Strength | 89.86 | POSITIVE | HSP has a high relative strength, it outperformed 89.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.33 | NEUTRAL | The RSI value for HSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.88 | NEUTRAL | The Stochastics value for HSP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for HSP suggests low volalility. |
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 |
|---|---|---|---|
| 89.98 | 89.49 | 0.49 (0.54%) | 25.00% |
| An entry @89.98. This is a Buy Stop order right above the resistance zone. | An exit @89.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 0.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- 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.
89.95
-0.01 (-0.01%)