We assign a technical rating of 9 out of 10 to HAS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HAS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- HAS is one of the better performing stocks in the Leisure Products industry, it outperforms 90% of 31 stocks in the same industry.
- HAS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- HAS has an average volume of 1701990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that HAS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month HAS has a been trading in the 81.00 - 89.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HAS has an excellent technical rating, the quality of the presented setup is not ideal 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
74.59
We found 2 important support areas.
- A support zone ranging from 79.86 to 81.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.34 from a trend 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 HAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAS is up. |
| ChartMill Relative Strength | 88.14 | POSITIVE | HAS has a high relative strength, it outperformed 88.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.09 | NEUTRAL | The RSI value for HAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.43 | NEUTRAL | The Stochastics value for HAS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for HAS suggests low volalility. |
| Average Directional Index/ADX (14) | 26.31 | POSITIVE | The high ADX value value for HAS suggests a strong trend. |
86.2
-0.69 (-0.79%)
HASBRO INC / HAS FAQ
What is the ChartMill technical rating of HASBRO INC (HAS) stock?
ChartMill assigns a technical rating of 9 / 10 to HAS.
What is the current trend direction of HASBRO INC (HAS) stock?
The current trend direction for HASBRO INC (HAS) is Bullish.
What is the RSI signal for HASBRO INC (HAS) stock?
HASBRO INC (HAS) has an RSI value of 58.0869. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HASBRO INC?
The buy/sell signal for HASBRO INC (HAS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HASBRO INC?
HASBRO INC (HAS) has a support level at 81.69. Check the full technical report for our detailed analysis of HAS support and resistance levels.