HAS Technical Analysis - HASBRO INC

Technical Rating and Analysis

Taking everything into account, HAS scores 4 out of 10 in our technical rating. In the last year, HAS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

HAS 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 HAS is lagging the market slightly.

In the last month HAS has a been trading in the 72.97 - 80.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

HAS has an average volume of 1773230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

When comparing the performance of all stocks over the past year, HAS turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.

HAS is part of the Leisure Products industry. There are 33 other stocks in this industry, HAS did better than 62% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

HAS has only a medium technical rating, but it does show a decent setup pattern. 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 75.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 75.41, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

54.51

82.67

When analyzing the support we can see 2 important areas.

A support zone ranging from 73.92 to 75.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @55.06 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 75.99 to 76.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 81.85 to 81.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for HAS is down.
ChartMill Relative Strength	44.41	NEUTRAL	HAS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HAS is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of HAS is below 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)	46.97	NEUTRAL	The RSI value for HAS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests HAS has a positive trend.
Stochastics (14,3)	47.57	NEUTRAL	The Stochastics value for HAS is a neutral value.
Average True Range in percent/ATR (20)	2.17	MEDIUM VOLATILITY	The ATR as a percentage value for HAS suggests some volalility.
Average Directional Index/ADX (14)	19.38	NEGATIVE	The low ADX value for HAS suggests a weak or negative trend.