HANMI FINANCIAL CORPORATION (HAFC) Stock Technical Analysis
NASDAQ:HAFC - US4104952043 - Common Stock
24.95 USD
+1.32 (+5.59%)
24.95 USD
0 (0%)
Taking everything into account, HAFC scores 5 out of 10 in our technical rating. HAFC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
HAFC is part of the Banks industry. There are 393 other stocks in this industry. HAFC outperforms 71% of them.
In the last month HAFC has a been trading in the 22.00 - 25.02 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, HAFC did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HAFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HAFC is lagging the market.
HAFC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.67
27.11
3 important support areas can be observed.
- A support zone ranging from 23.87 to 24.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.37 to 22.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.55 to 26.84. 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 | 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 | 76.02 | POSITIVE | HAFC has a high relative strength, it outperformed 76.02% off all stocks 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) | 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) | 61.84 | NEUTRAL | The RSI value for HAFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests HAFC has a positive trend. |
| Stochastics (14,3) | 80.49 | OVERBOUGHT | The high Stochastics value suggests HAFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for HAFC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.95
+1.32 (+5.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.59%
1 Week5.72%
2 Weeks9.62%
1 Month6.62%
3 Month9.38%
6 Month5.23%
12 Month22.91%
2 Year44.05%
3 Year0.93%
5 Year161.81%
10 Year2.93%
15 Year1961.98%
Volatility
ATR(14)0.6
ATR(20)%2.42%
ATR Inc59.23%
Range Today1.28
ADR(20)0.58
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-0.07
10 Day High25.02
10 Day Low22.58
20 Day High25.02
20 Day Low22
52 Week High27.59
52 Week Low17.9
CS1 End24.18
CR1 Start26.55
Volume & EV
DER(3)-0.76%
DER(5)-2.21%
Volume224.50K
Volume Incr-38.98%
Vol(5)121.90K
Vol(50)172.37K