Overall, the bias in prices is: Downwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 15.68.
The projected upper bound is: 15.51.
The projected lower bound is: 11.98.
The projected closing price is: 13.75.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 22 white candles and 27 black candles for a net of 5 black candles.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 66.6667. This is not an overbought or oversold reading. The last signal was a buy 6 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 45.62. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 6 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 37. This is not a topping or bottoming area. The last signal was a buy 6 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 2 period(s) ago.
Rex Takasugi – TD Profile
HERON THERAPEUTI closed up 0.400 at 13.800. Volume was 46% above average (neutral) and Bollinger Bands were 29% narrower than normal.
Open High Low Close Volume___
13.450 13.850 13.200 13.800 1,013,848
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 13.24 15.45 17.89
Volatility: 74 71 75
Volume: 776,466 782,048 665,223
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
HERON THERAPEUTI is currently 22.8% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of HRTX.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on HRTX.O and have had this outlook for the last 24 periods. Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence.
Latest posts by HEFFX Australia (see all)
- Microsoft Corporation (NASDAQ:MSFT) Technical Analysis Bearish Divergence - February 28, 2017
- Facebook Inc (NASDAQ:FB) Technical Analysis Heffx Report - February 28, 2017
- Wal-Mart Stores Inc (NYSE:WMT) Technical Analysis Buy, Sell or Hold? - February 28, 2017