Taking everything into account, HSTM scores 1 out of 10 in our technical rating. 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.
HSTM 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 a resistance zone just above the current price starting at 25.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.47, a Stop Loss order could be placed below this zone.
24.06
We found 1 important support area.
4 important resistance areas can be observed.
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 | 17.77 | NEGATIVE | HSTM has a low relative strength, it was outperformed by 82.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSTM is above 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) | 47.95 | NEUTRAL | The RSI value for HSTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests HSTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.84 | NEUTRAL | The Stochastics value for HSTM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for HSTM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for HSTM suggests a weak or negative trend. |
25.15
-0.17 (-0.67%)
ChartMill assigns a technical rating of 1 / 10 to HSTM.
The current trend direction for HEALTHSTREAM INC (HSTM) is Bearish.
HEALTHSTREAM INC (HSTM) has an RSI value of 47.9524. This indicates that the stock is currently neutral.
The MACD indicator for HEALTHSTREAM INC (HSTM) has a value of 0.166011, indicating a bearish trend.
HEALTHSTREAM INC (HSTM) has a support level at 24.47 and a resistance level at 25.45. Check the full technical report for our detailed analysis of HSTM support and resistance levels.