Technical Analysis for HAE - Haemonetics Corporation

Grade Last Price % Change Price Change
A 95.78 -0.74% -0.71
HAE closed down 0.9 percent on Wednesday, May 15, 2024, on 59 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish -0.74%
NR7 Range Contraction -0.74%
New 52 Week High Strength -0.74%
Overbought Stochastic Strength -0.74%
Golden Cross Bullish -1.63%
New 52 Week Closing High Bullish -1.63%
New 52 Week High Strength -1.63%
Gapped Up Strength -1.63%
Overbought Stochastic Strength -1.63%
Up 3 Days in a Row Strength -1.63%

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Profile

Haemonetics Corporation Description

Haemonetics Corporation engages in the design, development, manufacture, and marketing of automated blood component collection devices and surgical blood salvage devices in the United States and internationally. It provides various plasma products, including PCS brand plasma collection equipment and consumables, plasma collection containers, and intravenous solutions, as well as information technology platforms for plasma customers to manage their donors, operations, and supply chain; and blood center products comprising multicomponent collection system brand apheresis equipment to collect specific blood components integrated from the donor, automated cell processor brand solution to automate the washing and freezing of red cell components in the lab, and filtration products. The company also offers various hospital products, such as TEG thrombelastograph hemostasis analyzer system that measures a patient's hemostasis or the ability to form and maintain blood clots; Cell Saver system for cardiovascular surgery procedures; OrthoPAT surgical blood salvage system for orthopedic procedures; cardioPAT system to open heart surgeries; and IMPACT Online Web-based software platform that monitors and measures improvements in a hospital's blood management practices, provides hospitals with a view of their blood management metrics, and helps monitor transfusion rates. In addition, it offers SafeTrace Tx and BloodTrack suite of solutions, as well as El Dorado Donor donation and blood unit management systems. The company markets and sells its products to commercial plasma collectors, blood collection groups and independent blood centers, hospitals and hospital service providers, and national health organizations through its direct sales force, as well as independent distributors. Haemonetics Corporation was founded in 1971 and is headquartered in Braintree, Massachusetts.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Medicine Supply Chain Software Platform Hematology Salvage Blood Plasma Blood Vascular Surgery Filtration Products Transfusion Medicine Hemostasis Surgeries Blood Clots Blood Transfusion Blood Donation Plasma Products

Is HAE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 97.97
52 Week Low 70.74
Average Volume 464,208
200-Day Moving Average 85.08
50-Day Moving Average 85.48
20-Day Moving Average 91.20
10-Day Moving Average 95.01
Average True Range 2.45
RSI (14) 69.60
ADX 28.05
+DI 29.66
-DI 22.88
Chandelier Exit (Long, 3 ATRs) 90.61
Chandelier Exit (Short, 3 ATRs) 87.51
Upper Bollinger Bands 100.79
Lower Bollinger Band 81.60
Percent B (%b) 0.78
BandWidth 21.04
MACD Line 3.31
MACD Signal Line 3.08
MACD Histogram 0.2262
Fundamentals Value
Market Cap 4.9 Billion
Num Shares 50.8 Million
EPS 2.46
Price-to-Earnings (P/E) Ratio 39.22
Price-to-Sales 3.12
Price-to-Book 3.99
PEG Ratio 1.73
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 98.79
Resistance 3 (R3) 99.02 98.50 98.40
Resistance 2 (R2) 98.50 97.91 98.38 98.27
Resistance 1 (R1) 97.49 97.55 97.23 97.26 98.15
Pivot Point 96.97 96.97 96.84 96.85 96.97
Support 1 (S1) 95.96 96.38 95.70 95.73 94.83
Support 2 (S2) 95.44 96.02 95.32 94.71
Support 3 (S3) 94.43 95.44 94.58
Support 4 (S4) 94.20