HIMS & HERS HEALTH - Daily - Technical analysis published on 01/27/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 7.25 USD
My targets
8.58 USD (+11.03%)
15.35 USD (+98.58%)
My analysis
HIMS & HERS HEALTH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.25 USD. The next resistance located at 8.58 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15.35 USD. After this resistance, buyers could then target 24.46 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HIMS & HERS HEALTH rating 7.73 USD. The price registered an increase of +1.85% on the session with the lowest point at 7.40 USD and the highest point at 7.73 USD. The deviation from the price is +4.46% for the low point and 0% for the high point.7.40
7.73
7.73
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of HIMS & HERS HEALTH indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 6.68 | 7.25 | 7.73 | 7.73 | 15.35 | 24.46 |
| Change (%) | -13.58% | -6.21% | 0% | - | +98.58% | +216.43% |
| Change | -1.05 | -0.48 | 0 | - | +7.62 | +16.73 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.18 | 7.31 | 7.45 | 7.58 | 7.72 | 7.85 | 7.99 |
| Camarilla | 7.52 | 7.54 | 7.57 | 7.59 | 7.62 | 7.64 | 7.66 |
| Woodie | 7.19 | 7.31 | 7.46 | 7.58 | 7.73 | 7.85 | 8.00 |
| Fibonacci | 7.31 | 7.41 | 7.48 | 7.58 | 7.68 | 7.75 | 7.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.21 | 6.71 | 6.98 | 7.48 | 7.75 | 8.25 | 8.52 |
| Camarilla | 7.05 | 7.12 | 7.19 | 7.26 | 7.33 | 7.40 | 7.47 |
| Woodie | 6.11 | 6.65 | 6.88 | 7.42 | 7.65 | 8.19 | 8.42 |
| Fibonacci | 6.71 | 7.00 | 7.18 | 7.48 | 7.77 | 7.95 | 8.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.47 | 5.28 | 5.84 | 6.65 | 7.21 | 8.02 | 8.58 |
| Camarilla | 6.03 | 6.16 | 6.28 | 6.41 | 6.54 | 6.66 | 6.79 |
| Woodie | 4.36 | 5.22 | 5.73 | 6.59 | 7.10 | 7.96 | 8.47 |
| Fibonacci | 5.28 | 5.80 | 6.12 | 6.65 | 7.17 | 7.49 | 8.02 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.83 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 11.90 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 7.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.27 | |
| Elder Ray (13): | 0.20 | |
| Super Trend (3,10): | 6.77 | |
| Zig ZAG (10): | 7.69 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 79.23 | |
| TEMA (21): | 7.69 | |
| Williams %R (14): | -15.08 | |
| Chande Momentum Oscillator (20): | 0.93 | |
| Repulse (5,40,3): | 4.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5700 | |
| Courbe Coppock: | 37.45 |
| MA7: | 7.53 | |
| MA20: | 7.03 | |
| MA50: | 6.70 | |
| MA100: | 5.99 | |
| MAexp7: | 7.53 | |
| MAexp20: | 7.19 | |
| MAexp50: | 6.70 | |
| MAexp100: | 6.25 | |
| Price / MA7: | +2.66% | |
| Price / MA20: | +9.96% | |
| Price / MA50: | +15.37% | |
| Price / MA100: | +29.05% | |
| Price / MAexp7: | +2.66% | |
| Price / MAexp20: | +7.51% | |
| Price / MAexp50: | +15.37% | |
| Price / MAexp100: | +23.68% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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