HORIZON THERAPEUTICS PLC (HZNP) Stock Technical Analysis
NASDAQ:HZNP - Nasdaq - IE00BQPVQZ61 - Common Stock - Currency: USD
Overall HZNP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, HZNP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
HZNP is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 560 stocks in the same industry.
A new 52 week high is currently being made by HZNP, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HZNP is leading the market.
HZNP has an average volume of 3137090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HZNP is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month HZNP has a been trading in a tight range between 114.75 and 116.38.
Volume is considerably higher in the last couple of days.
Although HZNP has an excellent technical rating, it does not offer a high 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
95.38
117.52
5 important support areas can be observed.
- A support zone ranging from 113.80 to 115.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 108.44 to 110.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.16 from a horizontal line in the daily time frame.
- A support zone ranging from 98.98 to 99.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 116.31 to 116.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HZNP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HZNP is up. |
| ChartMill Relative Strength | 96.67 | POSITIVE | HZNP has a high relative strength, it outperformed 96.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HZNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HZNP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HZNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.96 | OVERBOUGHT | The high RSI value suggests HZNP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests HZNP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.81 | OVERBOUGHT | The high Stochastics value suggests HZNP may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for HZNP suggests low volalility. |
| Average Directional Index/ADX (14) | 65.64 | POSITIVE | The high ADX value value for HZNP 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)
116.3
+0.05 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.04%
1 Week0.53%
2 Weeks0.69%
1 Month0.77%
3 Month13.24%
6 Month6.97%
12 Month78.92%
2 Year-3.01%
3 Year55.21%
5 Year538.66%
10 Year2675.66%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.21%
ATR Inc-53%
Range Today0.12
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
CRS96.67
Mansfield0.99
10 Day High116.38
10 Day Low115.51
20 Day High116.38
20 Day Low114.75
52 Week High116.38
52 Week Low60.03
CS1 End115.88
CR1 Start116.31
Volume & EV
DER(3)-1.21%
DER(5)-0.62%
Volume28.88M
Volume Incr153.46%
Vol(5)8.65M
Vol(50)3.14M