HUMACYTE INC (HUMA) Stock Technical Analysis
NASDAQ:HUMA - Nasdaq - US44486Q1031 - Common Stock - Currency: USD
Overall HUMA gets a technical rating of 2 out of 10. HUMA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
HUMA 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.
HUMA is one of the better performing stocks in the Biotechnology industry, it outperforms 73% of 551 stocks in the same industry.
HUMA has an average volume of 4066060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HUMA did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month HUMA has a been trading in the 2.14 - 2.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, HUMA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.41, a Stop Loss order could be placed below this zone.
More info and screens
2.09
2.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.37 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.20 from a horizontal line in the daily time frame.
- Support @2.11 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @2.49 from a trend line in the daily time frame.
- A resistance zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.77 to 2.78. 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 | DOWN | NEGATIVE | The long term trend for HUMA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HUMA is neutral. |
| ChartMill Relative Strength | 79.16 | POSITIVE | HUMA has a high relative strength, it outperformed 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HUMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HUMA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HUMA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.95 | NEUTRAL | The RSI value for HUMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HUMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.24 | NEUTRAL | The Stochastics value for HUMA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for HUMA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for HUMA suggests a weak or negative 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)
2.48
+0.01 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.4%
1 Week8.77%
2 Weeks-1.98%
1 Month7.36%
3 Month108.4%
6 Month-40.24%
12 Month-68.65%
2 Year-35.25%
3 Year-32.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%8.22%
ATR Inc58.93%
Range Today0.32
ADR(20)0.19
ADR(20)%7.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.16
Mansfield-3.98
10 Day High2.76
10 Day Low2.14
20 Day High2.84
20 Day Low2.14
52 Week High7.73
52 Week Low1.15
CS1 End2.41
CR1 Start2.49
Volume & EV
DER(3)1.47%
DER(5)0.92%
Volume10.02M
Volume Incr13.69%
Vol(5)5.05M
Vol(50)4.07M