Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.


HEALTHEQUITY INC

Nasdaq / Health Care / Health Care Providers & Services

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to HQY. Both in the recent history as in the last year, HQY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HQY did better than 88% of all other stocks. We also observe that the gains produced by HQY over the past year are nicely spread over this period.
HQY is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 84% of 114 stocks in the same industry.
HQY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HQY is lagging the market slightly.
In the last month HQY has a been trading in the 79.15 - 87.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HQY Weekly chart
HQY Daily chart
Setup Rating and Analysis

10

HQY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 83.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HQY in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

69.37

87.06

5 important support areas can be observed.

  • A support zone ranging from 83.63 to 83.86. 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 79.76 to 82.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @77.33 from a horizontal line in the weekly time frame.
  • A support zone ranging from 75.58 to 75.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @70.07 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield0.25
10 Day High86.4
10 Day Low81.52
20 Day High87.72
20 Day Low79.15
52 Week High87.72
52 Week Low61.32
Performance
1 Week3.06%
2 Weeks3.59%
1 Month8.95%
3 Month5.6%
6 Month30.02%
12 Month36.52%
2 Year40.41%
3 Year7.11%
5 Year31.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)61.87
LBB80.9
UBB87.16
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
86.4183.622.79 (3.23%)25.00%
An entry @86.41. This is a Buy Stop order right above the 10 day high.An exit @83.62. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.79 points, which is 3.23%.For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of HQY. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.