HYPERFINE INC (HYPR) Stock Technical Analysis
NASDAQ:HYPR - US44916K1060 - Common Stock
1.295 USD
+0.06 (+5.28%)
1.3191 USD
+0.02 (+1.86%)
Taking everything into account, HYPR scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HYPR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
HYPR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 96% of 185 stocks in the same industry.
Looking at the yearly performance, HYPR did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
HYPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HYPR is lagging the market.
In the last month HYPR has a been trading in the 1.00 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HYPR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.89
1.47
2 important support areas can be observed.
- Support @1.23 from a horizontal line in the daily time frame.
- Support @0.90 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.40 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.44 to 1.46. 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 | UP | POSITIVE | The long term trend for HYPR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYPR is up. |
| ChartMill Relative Strength | 95.86 | POSITIVE | HYPR has a high relative strength, it outperformed 95.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for HYPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HYPR has a negative trend. |
| Stochastics (14,3) | 43.44 | NEUTRAL | The Stochastics value for HYPR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.56 | HIGH VOLATILITY | The high ATR as a percentage value for HYPR suggests high volalility. |
| Average Directional Index/ADX (14) | 47.4 | POSITIVE | The high ADX value value for HYPR 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)
1.295
+0.06 (+5.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.28%
1 Week-6.83%
2 Weeks11.64%
1 Month19.91%
3 Month137.7%
6 Month25.73%
12 Month24.52%
2 Year-37.14%
3 Year-3.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.56%
ATR Inc-33.44%
Range Today0.06
ADR(20)0.11
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.86
Mansfield2.72
10 Day High1.55
10 Day Low1.17
20 Day High1.55
20 Day Low1
52 Week High1.9
52 Week Low0.53
CS1 End1.23
CR1 Start1.4
Volume & EV
DER(3)-2.08%
DER(5)-8.75%
Volume215.30K
Volume Incr-45.76%
Vol(5)262.06K
Vol(50)436.49K