HANMI FINANCIAL CORPORATION (HAFC)

US4104952043 - Common Stock

18.91  -0.03 (-0.16%)

After market: 18.91 0 (0%)

Technical Rating and Analysis

6

Overall HAFC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAFC is only an average performer.

The long and short term trends are both positive. This is looking good!
HAFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HAFC is lagging the market slightly.
Looking at the yearly performance, HAFC did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HAFC is an average performer in the Banks industry, it outperforms 40% of 402 stocks in the same industry.
In the last month HAFC has a been trading in the 17.90 - 20.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HAFC Weekly chart
HAFC Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, HAFC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.75, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.70

20.91

We found 5 important support areas.

  • A support zone ranging from 18.40 to 18.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.22 from a trend line in the daily time frame.
  • Support @15.77 from a horizontal line in the daily time frame.
  • Support @15.34 from a trend line in the weekly time frame.
  • Strong support @14.85 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 19.94 to 20.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 20.51 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.26
Mansfield-0.04
10 Day High19.71
10 Day Low17.9
20 Day High20.53
20 Day Low17.9
52 Week High20.92
52 Week Low13.87
Performance
1 Week1.72%
2 Weeks-2.78%
1 Month-0.84%
3 Month23.11%
6 Month24.24%
12 Month16.58%
2 Year-20.14%
3 Year-5.73%
5 Year0.69%
10 Year-6.2%
15 Year1053.05%
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)50.29
LBB18.08
UBB19.93
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
20.1318.391.74 (8.64%)11.57%
An entry @20.13. This is a Buy Stop order right above the resistance zone.An exit @18.39. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.74 points, which is 8.64%.When investing 11.57% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HAFC Daily chart

HANMI FINANCIAL CORPORATION

NASDAQ:HAFC (9/17/2024, 4:30:01 PM)

After market: 18.91 0 (0%)

18.91

-0.03 (-0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.16%
1 Week1.72%
2 Weeks-2.78%
1 Month-0.84%
3 Month23.11%
6 Month24.24%
12 Month16.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%3.19%
ATR Inc
Range Today0.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.71
10 Day Low17.9
20 Day High20.53
20 Day Low17.9
52 Week High20.92
52 Week Low13.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume138.80K
Volume Incr-13.01%
Vol(5)132.92K
Vol(50)218.38K