Overall HAFC gets a technical rating of 8 out of 10. Although HAFC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 7 important support areas.
- A support zone ranging from 27.72 to 28.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.40 to 26.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.91 from a horizontal line in the daily time frame.
- Support @24.24 from a trend line in the weekly time frame.
- Support @23.72 from a trend line in the daily time frame.
- Support @23.06 from a trend line in the weekly time frame.
- Support @22.66 from a horizontal line in the daily time frame.
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 | 79.8 | POSITIVE | HAFC has a high relative strength, it outperformed 79.8% 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) | 69.68 | NEUTRAL | The RSI value for HAFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HAFC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.63 | OVERBOUGHT | The high Stochastics value suggests HAFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.83 | POSITIVE | The high ADX value value for HAFC suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.29 | 27.45 | 1.84 (6.28%) | 15.92% |
| An entry @29.29. This is a Buy Stop order right above the 10 day high. | An exit @27.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.84 points, which is 6.28%. | When investing 15.92% 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.
29.04
-0.04 (-0.14%)
HANMI FINANCIAL CORPORATION / HAFC FAQ
What is the technical rating for HAFC stock?
ChartMill assigns a technical rating of 8 / 10 to HAFC.
What is the trend direction for 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 69.6806. This indicates that the stock is currently neutral.
What is the MACD signal for HAFC stock?
The MACD indicator for HANMI FINANCIAL CORPORATION (HAFC) has a value of 0.0820405, indicating a bearish trend.
What is the short term momentum for HAFC stock?
The short term momentum for HANMI FINANCIAL CORPORATION (HAFC) is positive.