HYRECAR INC (HYRE) Technical Analysis
NASDAQ:HYRE • US44916T1079
Current stock price
0.46 USD
-0.02 (-3.46%)
At close:
0.48 USD
+0.02 (+4.35%)
After Hours:
HYRE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HYRE. HYRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, HYRE is a bad performer in the overall market: 98% of all stocks are doing better.
- HYRE is one of the lesser performing stocks in the Ground Transportation industry. 87% of 42 stocks in the same industry do better.
- HYRE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HYRE is lagging the market.
- In the last month HYRE has a been trading in the 0.45 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
HYRE Weekly and Daily overview Charts
HYRE Setup Rating and Analysis
The technical rating of HYRE is bad and it also does not present a quality setup 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
HYRE Support and Resistance Analysis
0.46
0.56
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.55 from a trend line in the daily time frame.
HYRE Technical Indicator Signal Analysis
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 HYRE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYRE is neutral. |
| ChartMill Relative Strength | 2.25 | NEGATIVE | HYRE has a low relative strength, it was outperformed by 97.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for HYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HYRE has a negative trend. |
| Stochastics (14,3) | 5.67 | OVERSOLD | The low Stochastics value suggests HYRE may be oversold. |
| Average True Range in percent/ATR (20) | 10.15 | HIGH VOLATILITY | The high ATR as a percentage value for HYRE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for HYRE suggests a possible start of a new trend. |
HYRE Chart- and CandleStick Pattern Analysis
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)
HYRE Technicals: Chart, Performance Metrics, Trend & Indicators
0.46
-0.02 (-3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-3.46%
1 Week-8%
2 Weeks-14.89%
1 Month-8%
3 Month-38.87%
6 Month-45.24%
12 Month-86.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.15%
ATR Inc23.93%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.25
3 months CRSN/A
6 months CRSN/A
Mansfield-6
10 Day High0.58
10 Day Low0.46
20 Day High0.64
20 Day Low0.45
52 Week High3.57
52 Week Low0.35
CS1 EndN/A
CR1 Start0.51
Volume & EV
DER(3)-10.53%
DER(5)-9.86%
Volume411.40K
Volume Incr-21.56%
Vol(5)228.22K
Vol(50)244.87K
HYRECAR INC / HYRE TA FAQ
What is the technical rating for HYRE stock?
ChartMill assigns a technical rating of 0 / 10 to HYRE.
What is the trend direction for HYRE stock?
The current trend direction for HYRECAR INC (HYRE) is Bearish.
Can you provide the RSI signal for HYRECAR INC?
HYRECAR INC (HYRE) has an RSI value of 37.4677. This indicates that the stock is currently neutral.
What is the MACD signal for HYRECAR INC (HYRE) stock?
The MACD indicator for HYRECAR INC (HYRE) has a value of -0.0065374, indicating a bearish trend.