HTCR Technical Analysis - HEARTCORE ENTERPRISES INC

Technical Rating and Analysis

Overall HTCR gets a technical rating of 4 out of 10. In the last year, HTCR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

HTCR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month HTCR has a been trading in the 0.69 - 0.98 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

HTCR has an average volume of 1174600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

When comparing the performance of all stocks over the past year, HTCR turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.

HTCR is part of the Software industry. There are 282 other stocks in this industry, HTCR did better than 69% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

HEARTCORE ENTERPRISES INC / HTCR Weekly stock chart

HEARTCORE ENTERPRISES INC / HTCR Daily stock chart

Setup Rating and Analysis

HTCR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.52

1.21

When analyzing the support we can see 2 important areas.

A support zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @0.53 from a trend line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 0.82 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.20 from a trend line in the daily time frame.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for HTCR is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for HTCR is down.
ChartMill Relative Strength	68.93	NEUTRAL	HTCR is not amongst the best or worst performers 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)	UP	MIXED	The current price of HTCR is below the rising 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)	39.53	NEUTRAL	The RSI value for HTCR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests HTCR has a negative trend.
Stochastics (14,3)	19.1	OVERSOLD	The low Stochastics value suggests HTCR may be oversold.
Average True Range in percent/ATR (20)	11.87	HIGH VOLATILITY	The high ATR as a percentage value for HTCR suggests high volalility.
Average Directional Index/ADX (14)	19.27	NEGATIVE	The low ADX value for HTCR suggests a weak or negative trend.