HYPERFINE INC (HYPR) Stock Technical Analysis
NASDAQ:HYPR - Nasdaq - US44916K1060 - Common Stock - Currency: USD
Overall HYPR gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HYPR was also a bad performer in the overall market in the last year.
77% of all other stocks performed better in the past year than HYPR.
HYPR 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HYPR has an average volume of 2676000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HYPR is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, HYPR did better than 56% of them.
In the last month HYPR has a been trading in the 0.53 - 1.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HYPR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for HYPR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.74
1.33
2 important support areas can be observed.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.75 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.87 from a horizontal line in the daily time frame.
- Resistance @1.32 from a trend line in the weekly 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 HYPR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYPR is up. |
| ChartMill Relative Strength | 23.63 | NEGATIVE | HYPR has a low relative strength, it was outperformed by 76.37% 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) | DOWN | NEGATIVE | The current price of HYPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for HYPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HYPR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.84 | NEUTRAL | The Stochastics value for HYPR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.33 | HIGH VOLATILITY | The high ATR as a percentage value for HYPR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.4 | 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)
0.83
+0.03 (+3.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.84%
1 Week17.03%
2 Weeks38.33%
1 Month18.59%
3 Month-9.68%
6 Month-17%
12 Month-5.27%
2 Year-61.4%
3 Year-62.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%12.33%
ATR Inc-28.47%
Range Today0.07
ADR(20)0.1
ADR(20)%12.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.63
Mansfield-1.62
10 Day High1.19
10 Day Low0.58
20 Day High1.19
20 Day Low0.53
52 Week High1.9
52 Week Low0.53
CS1 End0.82
CR1 Start0.87
Volume & EV
DER(3)6.18%
DER(5)1.28%
Volume850.46K
Volume Incr-76.28%
Vol(5)1.43M
Vol(50)2.68M