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Archive - 6/6/2025 - 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 a second consecutive positive week for the Hologic Inc (HOLX). During the week, the HOLX gained 2.16 points, or 3.47%, and closed at 64.33 on Friday, June 6, 2025. Weekly volume was 17% above average.
Long-term trend: [See HOLX long-term trend chart] A long-term downtrend had started on August 9, 2024 at 84.67 and reached 51.90 on May 6, 2025. HOLX lost 32.77 points, or 38.70%, in 38 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 48.20 and resistance is at 72.15. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See HOLX medium-term trend chart] A medium-term uptrend had started on May 6, 2025 at 51.90 and reached 68.25 on May 27, 2025. HOLX gained -16.35 points, or -31.50%, in 3 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See HOLX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See HOLX short-term trend chart] A short-term uptrend had started on May 23, 2025 at 53.62 and reached 68.25 on May 27, 2025. HOLX gained -14.63 points, or -27.28%, in 4 days. The price is now at the 26.79% retracement level.
Daily Technical Indicators: [See HOLX daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 23, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane. The distance between the Bollinger Bands is 143.15% higher then one year average. It indicates the period of high volatility of the stock price. 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. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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