HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO - Nasdaq - US40637H1095 - Common Stock - Currency: USD
Overall HALO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, HALO 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.
HALO is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 571 stocks in the same industry.
HALO 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 HALO is lagging the market slightly.
HALO has an average volume of 1337420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HALO did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month HALO has a been trading in the 54.96 - 60.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HALO also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 57.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HALO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
37.09
65.07
We found 5 important support areas.
- A support zone ranging from 57.14 to 57.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.04 to 53.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @49.74 from a trend line in the weekly time frame.
- Support @42.76 from a horizontal line in the daily time frame.
- Support @37.46 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.76 to 58.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 62.91 to 64.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.18
Mansfield0.62
10 Day High60.67
10 Day Low56.07
20 Day High60.67
20 Day Low54.96
52 Week High65.53
52 Week Low37.73
Performance
1 Week-1.47%
2 Weeks-0.33%
1 Month3.81%
3 Month17.86%
6 Month-7.92%
12 Month42.38%
2 Year20.34%
3 Year62.81%
5 Year195.1%
10 Year283.21%
15 Year955.76%
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)-0.22
RSI(14)62.94
LBB56.41
UBB58.77
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.37 | 57.13 | 1.24 (2.12%) | 25.00% |
| An entry @58.37. This is a Buy Stop order right above the resistance zone. | An exit @57.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.24 points, which is 2.12%. | For a 0.53% 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 HALO. 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.
57.75
+0.31 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.54%
1 Week-1.47%
2 Weeks-0.33%
1 Month3.81%
3 Month17.86%
6 Month-7.92%
12 Month42.38%
2 Year20.34%
3 Year62.81%
5 Year195.1%
10 Year283.21%
15 Year955.76%
Volatility
ATR(14)1.43
ATR(20)%2.48%
ATR Inc11.44%
Range Today1.42
ADR(20)1.42
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.18
Mansfield0.62
10 Day High60.67
10 Day Low56.07
20 Day High60.67
20 Day Low54.96
52 Week High65.53
52 Week Low37.73
CS1 End57.74
CR1 Start57.76
Volume & EV
DER(3)3.8%
DER(5)2.53%
Volume1.30M
Volume Incr48.31%
Vol(5)1.55M
Vol(50)1.34M