We assign a technical rating of 6 out of 10 to HAFC. In the last year, HAFC was one of the better performers, but we do observe some doubts in the very recent evolution.
HAFC has an average technical rating and also 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.
22.43
We found 6 important support areas.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The short term trend for HAFC is down. |
| ChartMill Relative Strength | 82.26 | POSITIVE | HAFC has a high relative strength, it outperformed 82.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HAFC is below 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) | 47.24 | NEUTRAL | The RSI value for HAFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests HAFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.96 | NEUTRAL | The Stochastics value for HAFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for HAFC suggests low volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for HAFC suggests a possible start of a new trend. |
27.57
-0.09 (-0.33%)
ChartMill assigns a technical rating of 6 / 10 to HAFC.
The current trend direction for HANMI FINANCIAL CORPORATION (HAFC) is Bullish.
HANMI FINANCIAL CORPORATION (HAFC) has an RSI value of 47.235. This indicates that the stock is currently neutral.
The MACD indicator for HANMI FINANCIAL CORPORATION (HAFC) has a value of -0.155634, indicating a bearish trend.
The buy/sell signal for HANMI FINANCIAL CORPORATION (HAFC) is hold as the short term and long term trends are mixed.