HEARTCORE ENTERPRISES INC (HTCR) Stock Technical Analysis
NASDAQ:HTCR - US42240Q1040 - Common Stock
1.12 USD
-0.13 (-10.4%)
1.12 USD
0 (0%)
We assign a technical rating of 8 out of 10 to HTCR. HTCR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HTCR is one of the better performing stocks in the Software industry, it outperforms 87% of 280 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, HTCR did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month HTCR has a been trading in the 0.45 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HTCR has an excellent technical rating, it does not present a decent entry opportunity 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
0.47
1.27
When analyzing the support we notice one important area.
- Support @0.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for HTCR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTCR is up. |
| ChartMill Relative Strength | 94.32 | POSITIVE | HTCR has a high relative strength, it outperformed 94.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HTCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HTCR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.45 | OVERBOUGHT | The high RSI value suggests HTCR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HTCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.84 | NEUTRAL | The Stochastics value for HTCR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.51 | HIGH VOLATILITY | The high ATR as a percentage value for HTCR suggests high volalility. |
| Average Directional Index/ADX (14) | 50.15 | POSITIVE | The high ADX value value for HTCR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.12
-0.13 (-10.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-10.4%
1 Week54.48%
2 Weeks118.32%
1 Month130.6%
3 Month69.77%
6 Month-9.68%
12 Month62.55%
2 Year4.67%
3 Year-36.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%12.51%
ATR Inc9.95%
Range Today0.17
ADR(20)0.13
ADR(20)%12.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.32
Mansfield0.67
10 Day High1.67
10 Day Low0.5
20 Day High1.67
20 Day Low0.45
52 Week High3.38
52 Week Low0.39
CS1 End0.47
CR1 Start1.25
Volume & EV
DER(3)-3.6%
DER(5)-0.22%
Volume530.10K
Volume Incr849.41%
Vol(5)6.14M
Vol(50)933.98K