Hikma Pharmaceuticals (HIK)

Sell: 1,952.00p

Buy: 1,983.00p

Change: 50.00p | 2.61%

Last updated 15:25 19/09/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Strong Bearish
Long term:

Strong Bullish

Short term comment

The technical phase would be considered as bullish placing the price at 1915.091 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 2055.667 and 2161.667 that would warn of an improvement in technical bias.

Long term comment

The downward correction between december 2023 and february 2024 pushes back the price from levels at 2135.157, to levels at 1644.129, as a reaction to the previous rise from 1135.276 to 2135.157, 88.1%. In any case, the current bullish phase, from the latest lows, starts at 1644.129 and reaches 2114.000, with no sign of medium-term weakness.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
1843.6670	1896.6670	1930.3330	1983.3330	2002.6670	2055.6670

Alerts

Alerts
Priority	Date	Warning
Medium priority	20/09/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	20/09/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	20/09/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority	20/09/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	19/09/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	19/09/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	19/09/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
High priority	19/09/2024	Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
Medium priority	19/09/2024	Bullish fast stochastic signal. The previous close indicates the possibility of renewed bullish momentum after a recent negative phase.
High priority	19/09/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	18/09/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.