HAFNIA LTD (HAFN) Stock Technical Analysis
NYSE:HAFN - SGXZ53070850 - Common Stock
6.12 USD
-0.01 (-0.16%)
6.15 USD
+0.03 (+0.49%)
Taking everything into account, HAFN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAFN is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month HAFN has a been trading in the 5.30 - 6.18 range, which is quite wide. It is currently trading near the high of this range.
HAFN has an average volume of 1291270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HAFN outperforms 43% of them, which is more or less in line with the market.
HAFN is part of the Oil, Gas & Consumable Fuels industry. There are 209 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 currently trading near new highs, so HAFN is lagging the market.
Although HAFN has an excellent technical rating, it does not offer a high quality setup 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
5.29
6.21
When analyzing the support we can see 3 important areas.
- Support @6.10 from a horizontal line in the daily time frame.
- A support zone ranging from 5.58 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.34 to 5.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 6.14 to 6.15. 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 | UP | POSITIVE | The long term trend for HAFN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAFN is up. |
| ChartMill Relative Strength | 43.25 | NEUTRAL | HAFN is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HAFN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.32 | NEUTRAL | The RSI value for HAFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HAFN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.91 | OVERBOUGHT | The high Stochastics value suggests HAFN may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for HAFN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for HAFN suggests a possible start of a new 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)
6.12
-0.01 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.16%
1 Week3.55%
2 Weeks10.67%
1 Month8.51%
3 Month16.57%
6 Month40.05%
12 Month-12.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.69%
ATR Inc-39.09%
Range Today0.08
ADR(20)0.14
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.25
Mansfield0.43
10 Day High6.18
10 Day Low5.48
20 Day High6.18
20 Day Low5.3
52 Week High7.84
52 Week Low3.61
CS1 End6.1
CR1 Start6.14
Volume & EV
DER(3)1.44%
DER(5)5.53%
Volume1.10M
Volume Incr17%
Vol(5)1.50M
Vol(50)1.29M