HERON THERAPEUTICS INC.
HERON THERAPEUTICS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: HRTX
ISIN:

HERON THERAPEUTICS INC. - Daily - Technical analysis published on 08/12/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 19.20 USD
My targets
16.97 USD (-5.51%)
15.83 USD (-11.86%)
My analysis
In a bearish trend, the price of HERON THERAPEUTICS INC. tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 19.20 USD. A bearish break in the support located at 16.97 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 15.83 USD. Then 12.54 USD by extension. It would be safer to wait for a bearish break in the support located at 16.97 USD before allowing yourself to re trade short positions (for sale) on HERON THERAPEUTICS INC.. PS: if there is a bullish break in the resistance located at 19.20 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

HERON THERAPEUTICS INC. rating 17.96 USD. The price is lower by -0.44% since the last closing and was traded between 17.95 USD and 18.23 USD over the period. The price is currently at +0.06% from its lowest and -1.48% from its highest.

17.95
18.23
17.96

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of HERON THERAPEUTICS INC. indicates that the overall trend is bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.54 15.83 16.97 17.96 19.20 23.20 28.34
Change (%) -30.18% -11.86% -5.51% - +6.90% +29.18% +57.80%
Change -5.42 -2.13 -0.99 - +1.24 +5.24 +10.38
Level Minor Major Major - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.5416.8417.3617.6618.1818.4819.00
Camarilla17.6517.7217.8017.8717.9518.0218.10
Woodie16.6416.9017.4617.7218.2818.5419.10
Fibonacci16.8417.1617.3517.6617.9818.1718.48


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.5914.8515.6116.8717.6318.8919.65
Camarilla15.8015.9916.1816.3616.5516.7316.92
Woodie13.3314.7315.3516.7517.3718.7719.39
Fibonacci14.8515.6316.1016.8717.6518.1218.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.7116.0216.7318.0418.7520.0620.77
Camarilla16.8917.0717.2617.4417.6317.8118.00
Woodie14.4115.8716.4317.8918.4519.9120.47
Fibonacci16.0216.7917.2718.0418.8119.2920.06

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): 53.17
MACD (12,26,9): -0.2800
Directional Movement: 2.25
AROON (14): -85.71
DEMA (21): 17.25
Parabolic SAR (0,02-0,02-0,2): 15.68
Elder Ray (13): 0.76
Super Trend (3,10): 18.69
Zig ZAG (10): 18.04
VORTEX (21): 0.9700
Stochastique (14,3,5): 62.95
TEMA (21): 17.16
Williams %R (14): -21.33
Chande Momentum Oscillator (20): 0.07
Repulse (5,40,3): 4.6000
ROCnROLL: -1
TRIX (15,9): -0.2200
Courbe Coppock: 12.64
MA7: 17.05
MA20: 17.76
MA50: 17.92
MA100: 19.72
MAexp7: 17.40
MAexp20: 17.61
MAexp50: 18.23
MAexp100: 19.85
Price / MA7: +5.34%
Price / MA20: +1.13%
Price / MA50: +0.22%
Price / MA100: -8.92%
Price / MAexp7: +3.22%
Price / MAexp20: +1.99%
Price / MAexp50: -1.48%
Price / MAexp100: -9.52%

This member declared not having a position on this financial instrument or a related financial instrument.

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