HANMI FINANCIAL CORPORATION (HAFC) Technical Analysis
NASDAQ:HAFC • US4104952043
Current stock price
HAFC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to HAFC. HAFC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month HAFC has a been trading in the 24.54 - 26.92 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, HAFC turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- HAFC is part of the Banks industry. There are 380 other stocks in this industry, HAFC did better than 43% of them.
- HAFC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HAFC is lagging the market slightly.
HAFC Weekly and Daily overview Charts
HAFC Setup Rating and Analysis
HAFC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 26.17, a Stop Loss order could be placed below this zone.
More info and screens
HAFC Support and Resistance Analysis
22.57
We found 3 important support areas.
- A support zone ranging from 25.34 to 26.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.77 to 24.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.04 to 29.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
HAFC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HAFC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HAFC is neutral. |
| ChartMill Relative Strength | 66.01 | NEUTRAL | HAFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HAFC is below a declining 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) | 53.62 | NEUTRAL | The RSI value for HAFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests HAFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.24 | OVERBOUGHT | The high Stochastics value suggests HAFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for HAFC suggests a weak or negative trend. |
HAFC Chart- and CandleStick Pattern Analysis
HAFC Technicals: Chart, Performance Metrics, Trend & Indicators
26.47
-0.13 (-0.49%)
HANMI FINANCIAL CORPORATION / HAFC TA FAQ
What is the technical rating for HAFC stock?
ChartMill assigns a technical rating of 3 / 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 Bearish.
Can you provide the RSI signal for HANMI FINANCIAL CORPORATION?
HANMI FINANCIAL CORPORATION (HAFC) has an RSI value of 53.6201. This indicates that the stock is currently neutral.
What is the MACD signal for HANMI FINANCIAL CORPORATION (HAFC) stock?
The MACD indicator for HANMI FINANCIAL CORPORATION (HAFC) has a value of 0.15498, indicating a bearish trend.
Can you provide the support and resistance levels for HANMI FINANCIAL CORPORATION?
HANMI FINANCIAL CORPORATION (HAFC) has a support level at 26.17 and a resistance level at 29.04. Check the full technical report for our detailed analysis of HAFC support and resistance levels.