We assign a technical rating of 0 out of 10 to HTCR. HTCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HTCR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
0.31
When analyzing the resistance we notice 3 important areas.
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 HTCR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HTCR is down. |
| ChartMill Relative Strength | 1.81 | NEGATIVE | HTCR has a low relative strength, it was outperformed by 98.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HTCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HTCR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HTCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.72 | NEUTRAL | The RSI value for HTCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HTCR has a positive trend. |
| Stochastics (14,3) | 22.86 | NEUTRAL | The Stochastics value for HTCR is a neutral value. |
| Average True Range in percent/ATR (20) | 13.65 | HIGH VOLATILITY | The high ATR as a percentage value for HTCR suggests high volalility. |
| Average Directional Index/ADX (14) | 43.42 | POSITIVE | The high ADX value value for HTCR suggests a strong trend. |
0.3146
+0 (+0.35%)
ChartMill assigns a technical rating of 0 / 10 to HTCR.
The current trend direction for HEARTCORE ENTERPRISES INC (HTCR) is Bearish.
HEARTCORE ENTERPRISES INC (HTCR) has an RSI value of 34.722. This indicates that the stock is currently neutral.
The MACD indicator for HEARTCORE ENTERPRISES INC (HTCR) has a value of 0.00889631, indicating a bearish trend.
The short term momentum for HEARTCORE ENTERPRISES INC (HTCR) is negative.