HALOZYME THERAPEUTICS INC (HALO) Stock Technical Analysis
NASDAQ:HALO - Nasdaq - US40637H1095 - Common Stock - Currency: USD
Taking everything into account, HALO scores 7 out of 10 in our technical rating. In the last year, HALO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month HALO has a been trading in the 55.71 - 66.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that HALO is one of the better performing stocks in the market, outperforming 94% of all stocks.
HALO is part of the Biotechnology industry. There are 568 other stocks in this industry. HALO outperforms 92% of them.
HALO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so HALO slightly outperforms the market at the moment.
HALO has an average volume of 1521290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HALO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 59.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.78, a Stop Loss order could be placed below this zone.
More info and screens
51.55
65.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 58.64 to 58.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.44 to 57.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @52.07 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 59.13 to 61.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.42 to 65.17. 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
CRS94.32
Mansfield1.68
10 Day High62.14
10 Day Low55.71
20 Day High66
20 Day Low55.71
52 Week High66
52 Week Low37.97
Performance
1 Week1.89%
2 Weeks-5.05%
1 Month-8.6%
3 Month7.28%
6 Month11.75%
12 Month52.15%
2 Year82.98%
3 Year47.34%
5 Year159.5%
10 Year295.36%
15 Year590.02%
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)-0.4
RSI(14)44.06
LBB56.78
UBB64.1
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 |
|---|---|---|---|
| 61.62 | 58.63 | 2.99 (4.85%) | 20.61% |
| An entry @61.62. This is a Buy Stop order right above the resistance zone. | An exit @58.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.99 points, which is 4.85%. | When investing 20.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
58.79
-0.03 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.05%
1 Week1.89%
2 Weeks-5.05%
1 Month-8.6%
3 Month7.28%
6 Month11.75%
12 Month52.15%
2 Year82.98%
3 Year47.34%
5 Year159.5%
10 Year295.36%
15 Year590.02%
Volatility
ATR(14)3.04
ATR(20)%4.57%
ATR Inc-1.58%
Range Today1.82
ADR(20)2.59
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.32
Mansfield1.68
10 Day High62.14
10 Day Low55.71
20 Day High66
20 Day Low55.71
52 Week High66
52 Week Low37.97
CS1 End58.78
CR1 Start59.13
Volume & EV
DER(3)1.46%
DER(5)-0.78%
Volume1.52M
Volume Incr-8.96%
Vol(5)1.59M
Vol(50)1.52M