HALYARD HEALTH INC (HYH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HYH - US40650V1008
Overall HYH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HYH is showing a nice and steady performance.
- In the last month HYH has a been trading in the 55.76 - 61.52 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, HYH did better than 90% of all other stocks. On top of that, HYH also shows a nice and consistent pattern of rising prices.
- HYH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HYH is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
HYH has an excellent technical rating, but the quality of the setup is only medium 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
47.17
3 important support areas can be observed.
- A support zone ranging from 56.64 to 57.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.01 to 49.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.65 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @60.97 from a horizontal line 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 | UP | POSITIVE | The long term trend for HYH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYH is neutral. |
| ChartMill Relative Strength | 90.1 | POSITIVE | HYH has a high relative strength, it outperformed 90.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HYH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for HYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests HYH has a negative trend. |
| Stochastics (14,3) | 21.48 | NEUTRAL | The Stochastics value for HYH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for HYH suggests some volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.81 | 56.63 | 2.18 (3.71%) | 25.00% |
| An entry @58.81. This is a Buy Stop order right above the 10 day moving average. | An exit @56.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.18 points, which is 3.71%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
57.25
+0.04 (+0.07%)
HALYARD HEALTH INC / HYH FAQ
What is the ChartMill technical rating of HALYARD HEALTH INC (HYH) stock?
ChartMill assigns a technical rating of 9 / 10 to HYH.
Can you provide the trend direction for HALYARD HEALTH INC?
The current trend direction for HALYARD HEALTH INC (HYH) is Bullish.
What is the RSI signal for HYH stock?
HALYARD HEALTH INC (HYH) has an RSI value of 49.7952. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for HALYARD HEALTH INC?
HALYARD HEALTH INC (HYH) has a support level at 57.24 and a resistance level at 60.97. Check the full technical report for our detailed analysis of HYH support and resistance levels.