NIGHTHAWK BIOSCIENCES INC (NHWK) Technical Analysis
NYSEARCA:NHWK • US42237K4094
Current stock price
NHWK Technical Rating and Analysis
Taking everything into account, NHWK scores 1 out of 10 in our technical rating. NHWK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, NHWK is a bad performer in the overall market: 91% of all stocks are doing better.
- NHWK is part of the Biotechnology industry. There are 518 other stocks in this industry, of which 74% are performing better than NHWK.
- NHWK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NHWK is lagging the market.
- 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.
- In the last month NHWK has a been trading in the 0.33 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NHWK Weekly and Daily overview Charts
NHWK Setup Rating and Analysis
NHWK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.44. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NHWK Support and Resistance Analysis
0.36
We found 2 important support areas.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.36 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.44 from a trend line in the daily time frame.
- Resistance @0.45 from a horizontal line in the weekly time frame.
- Resistance @0.49 from a horizontal line in the daily time frame.
NHWK 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 NHWK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NHWK is neutral. |
| ChartMill Relative Strength | 9.65 | NEGATIVE | NHWK has a low relative strength, it was outperformed by 90.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NHWK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NHWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NHWK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for NHWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NHWK has a positive trend. |
| Stochastics (14,3) | 58.52 | NEUTRAL | The Stochastics value for NHWK is a neutral value. |
| Average True Range in percent/ATR (20) | 10.52 | HIGH VOLATILITY | The high ATR as a percentage value for NHWK suggests high volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for NHWK suggests a weak or negative trend. |
NHWK Chart- and CandleStick Pattern Analysis
NHWK Technicals: Chart, Performance Metrics, Trend & Indicators
0.4135
+0.03 (+8.96%)
NIGHTHAWK BIOSCIENCES INC / NHWK TA FAQ
What is the ChartMill technical rating of NIGHTHAWK BIOSCIENCES INC (NHWK) stock?
ChartMill assigns a technical rating of 1 / 10 to NHWK.
What is the trend direction for NHWK stock?
The current trend direction for NIGHTHAWK BIOSCIENCES INC (NHWK) is Bearish.
What is the RSI signal for NIGHTHAWK BIOSCIENCES INC (NHWK) stock?
NIGHTHAWK BIOSCIENCES INC (NHWK) has an RSI value of 56.4276. This indicates that the stock is currently neutral.
What is the short term momentum for NIGHTHAWK BIOSCIENCES INC (NHWK) stock?
The short term momentum for NIGHTHAWK BIOSCIENCES INC (NHWK) is neutral.