[BEARISH]: Hcp Inc sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Hcp Inc adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 14 trading days with the closing price in the lower part of the range giving a confirmation ratio of 35%. Over the last month there has been 8 trading days with the closing price in the lower range giving a confirmation ratio of 61.5%. Currently this quarter, closing price has spent 13 days in the lower price range compared to 11 days in the upper range giving a ratio of 1.2x.
HCP: Open today versus close yesterday Recent Trading ->(1) 21 Feb: 87.3% (2) 20 Feb: 22.9% (3) 21 Feb: 16.7%
Hcp Inc is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for HCP should be set @$96.79 & Stoploss for Hcp Inc should be set between $95.3
[BEARISH]: Hcp Inc currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.9%.
New York Stock Exchange
[Stong Trend]: ADX for HCP has confirmed a very strong trend is presentHcp Inc has an ATR(14) of 0.651, a DX of 48.29 & an ADX(14) of 63.31
HCP: OPEN Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BEARISH (3) 16 Feb: BULLISH
[BEARISH]: Hcp Inc is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
[BEARISH]: Hcp Inc current distribution has given weakness to the share price and the continuation of bearish trading conditions.
[BEARISH]: Hcp Inc current downtrend in the first timeframe. Currently, the HIGH is -1.9 %.
[BEARISH]: Hcp Inc currently has negative rate of change of -9.4%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction
[BULLISH CROSSOVER]: Hcp Inc current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 22.1065.
[BEARISH]: Hcp IncElder Ray Index is signalling a Bearish movementERI is -0.904 indicating bear power. Prices are being driven below the consensus of value for HCP during the last trading session [Selling Pressure]
Hcp Inc has broken the first DeMark support point ($21.9625) [Bearish]. Look for a short limit order entry near this point. Exit price for HCP should be set @$21.435 & short position stoploss for Hcp Inc should be set at $22.145
[BEARISH]: Hcp Incsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for HCP adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.5 & the greatest daily negative change this year has been -4.5. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -5.2%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -4.5%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.6x giving a total win/loss ratio of 0.5x. Over the last month the average daily downward movement has been -2%
[BULLISH]: Hcp Inc currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -2.9%.
[Bullish]: Average True Range has confirmed an uptrend is present. Hcp Inc has a TR of 0.71, and an ATR(14) of 0.651.
HCP: BWMF Recent Trading -> (1) 21 Feb: Green Day (2) 20 Feb: Fake Day (3) 21 Feb: Fake Day