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Downtrend ExhaustionArchive - 2/14/2025 - Sign In to see current Signals. |
Hologic Inc (HOLX) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Hologic Inc (HOLX). During the week, the HOLX dropped -1.56 points, or -2.42%, and closed at 63.02 on Friday, February 14, 2025. Weekly volume was 23% above average. HOLX is a member of Health Care Sector. Health Care is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See HOLX long-term trend chart] A long-term uptrend had started on March 9, 2009 at 9.31 and reached 87.88 on May 1, 2023. HOLX gained -78.57 points, or -843.93%, in 738 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (69.40) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HOLX may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See HOLX medium-term trend chart] A medium-term downtrend had started on August 9, 2024 at 84.67 and reached 62.94 on February 14, 2025. HOLX lost 21.73 points, or 25.66%, in 27 weeks. Price is near the trend low.
Weekly Technical Indicators: [See HOLX weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 18, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See HOLX short-term trend chart] A short-term downtrend had started on February 5, 2025 at 73.07 and reached 62.94 on February 14, 2025. HOLX lost 10.13 points, or 13.86%, in 9 days. Price is near the trend low.
Daily Technical Indicators: [See HOLX daily technical indicators chart] Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic. The daily MACD line is below its signal line since February 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. The distance between the Bollinger Bands (22.53%) is close to one year high (16.13%). It is 243.09% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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