HEALTHSTREAM INC (HSTM) Technical Analysis
NASDAQ:HSTM • US42222N1037
Current stock price
HSTM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HSTM. HSTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HSTM is a bad performer in the overall market: 86% 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. The S&P500 Index is trading in the upper part of its 52 week range, so HSTM is lagging the market.
- In the last month HSTM has a been trading in the 20.04 - 23.43 range, which is quite wide. It is currently trading near the lows of this range.
- HSTM is one of the better performing stocks in the Health Care Technology industry, it outperforms 73% of 35 stocks in the same industry.
HSTM Weekly and Daily overview Charts
HSTM Setup Rating and Analysis
Although the technical rating is bad, HSTM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.09, a Stop Loss order could be placed below this zone.
More info and screens
HSTM Support and Resistance Analysis
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.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.65 to 22.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.27 from a trend line in the weekly time frame.
HSTM 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 HSTM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSTM is down. |
| ChartMill Relative Strength | 14.19 | NEGATIVE | HSTM has a low relative strength, it was outperformed by 85.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HSTM is below a declining 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) | -0.09 | NEGATIVE | The MACD value suggests HSTM has a negative trend. |
| Stochastics (14,3) | 15.93 | OVERSOLD | The low Stochastics value suggests HSTM may be oversold. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.85 | NEUTRAL | The ADX value for HSTM suggests a possible start of a new trend. |
HSTM Chart- and CandleStick Pattern Analysis
HSTM Technicals: Chart, Performance Metrics, Trend & Indicators
20.34
-0.22 (-1.07%)
HEALTHSTREAM INC / HSTM TA FAQ
What is the technical rating for HSTM stock?
ChartMill assigns a technical rating of 0 / 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 41.194. 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 -0.0928596, 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 21.65. Check the full technical report for our detailed analysis of HSTM support and resistance levels.