Overall HAFC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HAFC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HAFC did better than 84% of all other stocks.
- HAFC is part of the Banks industry. There are 383 other stocks in this industry. HAFC outperforms 81% of them.
- HAFC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HAFC has a been trading in the 26.50 - 29.12 range, which is quite wide. It is currently trading near the high of this range.
HAFC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.43
We found 6 important support areas.
- A support zone ranging from 27.37 to 27.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.85 to 26.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.40 from a horizontal line in the daily time frame.
- Support @24.82 from a trend line in the weekly time frame.
- A support zone ranging from 23.43 to 23.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.04 to 29.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HAFC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAFC is up. |
| ChartMill Relative Strength | 84.49 | POSITIVE | HAFC has a high relative strength, it outperformed 84.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HAFC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.08 | NEUTRAL | The RSI value for HAFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests HAFC has a positive trend. |
| Stochastics (14,3) | 91.93 | OVERBOUGHT | The high Stochastics value suggests HAFC may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for HAFC suggests low volalility. |
| Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for HAFC suggests a weak or negative trend. |
28.64
-0.22 (-0.76%)
HANMI FINANCIAL CORPORATION / HAFC FAQ
What is the technical rating for HAFC stock?
ChartMill assigns a technical rating of 9 / 10 to HAFC.
What is the current trend direction of HANMI FINANCIAL CORPORATION (HAFC) stock?
The current trend direction for HANMI FINANCIAL CORPORATION (HAFC) is Bullish.
What is the RSI signal for HANMI FINANCIAL CORPORATION (HAFC) stock?
HANMI FINANCIAL CORPORATION (HAFC) has an RSI value of 60.0846. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HANMI FINANCIAL CORPORATION?
The MACD indicator for HANMI FINANCIAL CORPORATION (HAFC) has a value of 0.0900332, indicating a bearish trend.
What is the buy/sell signal for HANMI FINANCIAL CORPORATION (HAFC) stock?
The buy/sell signal for HANMI FINANCIAL CORPORATION (HAFC) is buy as both the short term and long term trends are positive.