HANESBRANDS INC (HBI)       6.5  -0.27 (-3.99%)

6.5  -0.27 (-3.99%)

US4103451021 - Common Stock - After market: 6.54 +0.04 (+0.62%)

Technical Rating

0

We assign a technical rating of 0 out of 10 to HBI. HBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



HBI has an average volume of 9985500 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, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than HBI.
HBI is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 80% of 49 stocks in the same industry do better.
HBI is currently trading near the lower end of its 52 week range, which is not a good sign. HBI is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month HBI has a been trading in the 6.40 - 7.85 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -9.72% -24.51% -44.87% -60.56% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 14.68 6.4 - 17.805
HBI Weekly chart
HBI Daily chart

Support/Resistance Analysis


6.41

8.24
When analyzing the support we notice one important area.
  • A support zone ranging from 6.47 to 6.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 7.10 to 7.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 7.82 to 7.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.16 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

5

HBI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.


HBI Daily chart

HANESBRANDS INC6.5

NYSE:HBI (11/28/2022, 7:04:00 PM)-0.27 (-3.99%)

After market: 6.54 +0.04 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Textiles, Apparel & Luxury Goods
Performance
Today -3.99% 1 Week -4.55%
2 Weeks -16.34% 1 Month -9.72%
3 Month -24.51% 6 Month -44.87%
Volatility
ATR(14) 0.42 ATR(20)% 6.02%
ATR Inc -43.15% Range Today 0.31
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 14.68 Mansfield -4.21
10 Day High 7.69 10 Day Low 6.5
20 Day High 7.85 20 Day Low 6.4
52 Week High 17.81 52 Week Low 6.4
CS1 End 6.49 CR1 Start 7.1
Volume & EV
DER(3) -8.26% DER(5) -5.43%
Volume 7.52M Volume Incr -36.32%
Vol(5) 7.59M Vol(50) 9.99M

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