HELX in upward trend: price rose above 50-day moving average on November 20, 2023
HELX moved above its 50-day moving average on November 20, 2023 date and that indicates a change from a downward trend to an upward trend. In of 30 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HELX's RSI Indicator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 03, 2023. You may want to consider a long position or call options on HELX as a result. In of 56 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HELX just turned positive on November 03, 2023. Looking at past instances where HELX's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for HELX crossed bullishly above the 50-day moving average on November 27, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HELX advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 216 cases where HELX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HELX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Health
HELX and
Correlation & Price change
A.I.dvisor tells us that HELX and IBB have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HELX and IBB's prices will move in lockstep.
| Ticker / NAME | Correlation To HELX | 1D Price Change % | ||
|---|---|---|---|---|
| HELX | 100% | +1.08% | ||
| IBB - HELX | 9% Poorly correlated | +0.78% | ||
| XBI - HELX | 9% Poorly correlated | +0.95% | ||
| IHI - HELX | -1% Poorly correlated | +0.22% | ||
| VHT - HELX | -2% Poorly correlated | +0.11% | ||
| XLV - HELX | -4% Poorly correlated | +0.08% |