HEALTHSTREAM INC (HSTM) Technical Analysis
NASDAQ:HSTM • US42222N1037
We assign a technical rating of 1 out of 10 to HSTM. HSTM'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, HSTM is a bad performer in the overall market: 87% of all stocks are doing better.
- HSTM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- HSTM is part of the Health Care Technology industry. There are 35 other stocks in this industry. HSTM outperforms 70% of them.
- In the last month HSTM has a been trading in the 19.50 - 23.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HSTM is bad and it also does not present a quality setup 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
19.68
We found 1 important support area.
- A support zone ranging from 19.88 to 20.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.54 to 22.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.51 from a trend line in the weekly time frame.
- Resistance @28.73 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for HSTM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HSTM is neutral. |
| ChartMill Relative Strength | 13.22 | NEGATIVE | HSTM has a low relative strength, it was outperformed by 86.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HSTM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HSTM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HSTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.19 | NEUTRAL | The RSI value for HSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HSTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.51 | NEUTRAL | The Stochastics value for HSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for HSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 33.74 | POSITIVE | The high ADX value value for HSTM suggests a strong trend. |
HSTM Technicals: Chart, Performance Metrics, Trend & Indicators
20.51
-0.97 (-4.52%)
HEALTHSTREAM INC / HSTM FAQ
What is the technical rating for HSTM stock?
ChartMill assigns a technical rating of 1 / 10 to HSTM.
What is the trend direction for HSTM stock?
The current trend direction for HEALTHSTREAM INC (HSTM) is Bearish.
What is the RSI signal for HSTM stock?
HEALTHSTREAM INC (HSTM) has an RSI value of 41.1862. This indicates that the stock is currently neutral.
What is the MACD signal for HSTM stock?
The MACD indicator for HEALTHSTREAM INC (HSTM) has a value of 0.0510537, indicating a bearish trend.
Can you provide the support and resistance levels for HEALTHSTREAM INC?
HEALTHSTREAM INC (HSTM) has a support level at 20.09 and a resistance level at 21.54. Check the full technical report for our detailed analysis of HSTM support and resistance levels.