NIGHTHAWK BIOSCIENCES INC (NHWK) Stock Technical Analysis
NYSEARCA:NHWK - NYSE Arca - US42237K4094 - Common Stock - Currency: USD
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 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.
NHWK is part of the Biotechnology industry. There are 553 other stocks in this industry, NHWK did better than 41% of them.
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 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
0.36
0.49
When analyzing the support we can see 2 important 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.
When analyzing the resistance we notice 3 important 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.
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. |
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)
0.4135
+0.03 (+8.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.96%
1 Week11.79%
2 Weeks14.54%
1 Month-8.05%
3 Month-1.52%
6 Month-34.5%
12 Month-60.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.52%
ATR Inc4.65%
Range Today0.06
ADR(20)0.04
ADR(20)%10.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.65
Mansfield-4.02
10 Day High0.43
10 Day Low0.33
20 Day High0.47
20 Day Low0.33
52 Week High1.08
52 Week Low0.26
CS1 End0.37
CR1 Start0.44
Volume & EV
DER(3)-0.62%
DER(5)-4.77%
Volume173.10K
Volume Incr-21.04%
Vol(5)83.30K
Vol(50)178.17K