HASBRO INC (HAS) Stock Technical Analysis
NASDAQ:HAS - Nasdaq - US4180561072 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to HAS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAS is only an average performer.
The long and short term trends are both positive. This is looking good!
HAS is part of the Leisure Products industry. There are 31 other stocks in this industry. HAS outperforms 86% of them.
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.
HAS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HAS has an average volume of 2279570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HAS did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, HAS also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 77.81. Right above this resistance zone may be a good entry point.
More info and screens
53.43
79.00
3 important support areas can be observed.
- Support @65.18 from a horizontal line in the daily time frame.
- Support @61.69 from a horizontal line in the daily time frame.
- Support @53.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.81 to 78.22. 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 HAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAS is up. |
| ChartMill Relative Strength | 79.56 | POSITIVE | HAS has a high relative strength, it outperformed 79.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HAS is below 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) | 57.67 | NEUTRAL | The RSI value for HAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests HAS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.69 | NEUTRAL | The Stochastics value for HAS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for HAS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.72 | POSITIVE | The high ADX value value for HAS 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)
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 |
|---|---|---|---|
| 78.23 | 73.85 | 4.38 (5.60%) | 17.86% |
| An entry @78.23. This is a Buy Stop order right above the resistance zone. | An exit @73.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.38 points, which is 5.60%. | For a 1.00% total portfolio risk, you can invest 17.86% of your capital in this trade. |
- 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.
76.3
+1.32 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.76%
1 Week-1.76%
2 Weeks0.67%
1 Month4.33%
3 Month23.56%
6 Month31.92%
12 Month20.23%
2 Year18.18%
3 Year-3.07%
5 Year4.87%
10 Year-3.1%
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%2.63%
ATR Inc11.41%
Range Today1.79
ADR(20)1.93
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.56
Mansfield0.76
10 Day High78.82
10 Day Low73.86
20 Day High78.83
20 Day Low72.23
52 Week High78.83
52 Week Low49
CS1 End65.18
CR1 Start77.81
Volume & EV
DER(3)-3.14%
DER(5)-1.7%
Volume3.56M
Volume Incr60.86%
Vol(5)3.89M
Vol(50)2.28M