HAFNIA LTD (HAFN) Stock Technical Analysis
NYSE:HAFN - New York Stock Exchange, Inc. - SGXZ53070850 - Common Stock - Currency: USD
Taking everything into account, HAFN scores 5 out of 10 in our technical rating. In the past year, HAFN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, HAFN is a bad performer in the overall market: 75% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
HAFN has an average volume of 1697240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HAFN is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, HAFN did better than 47% of them.
HAFN 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 HAFN is lagging the market slightly.
In the last month HAFN has a been trading in the 4.99 - 5.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HAFN has only a medium 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 5.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HAFN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.93
5.61
When analyzing the support we notice one important area.
- A support zone ranging from 4.98 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @5.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.39 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.55 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 | NEUTRAL | NEUTRAL | The long term trend for HAFN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAFN is up. |
| ChartMill Relative Strength | 25.44 | NEGATIVE | HAFN has a low relative strength, it was outperformed by 74.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HAFN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.15 | NEUTRAL | The RSI value for HAFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HAFN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.66 | NEUTRAL | The Stochastics value for HAFN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for HAFN suggests a strong 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)
5.25
+0.12 (+2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.34%
1 Week3.75%
2 Weeks0.19%
1 Month4.17%
3 Month20.14%
6 Month0.57%
12 Month-36.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%2.7%
ATR Inc23.43%
Range Today0.22
ADR(20)0.12
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.44
Mansfield-1.64
10 Day High5.33
10 Day Low4.99
20 Day High5.42
20 Day Low4.99
52 Week High8.44
52 Week Low3.61
CS1 End5.21
CR1 Start5.29
Volume & EV
DER(3)8.38%
DER(5)8.85%
Volume912.60K
Volume Incr-15.09%
Vol(5)1.33M
Vol(50)1.70M