HANESBRANDS INC (HBI)

US4103451021 - Common Stock

5.8  +0.2 (+3.57%)

After market: 5.7 -0.1 (-1.72%)

Technical Rating and Analysis

9

Taking everything into account, HBI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HBI is showing a nice and steady performance.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
HBI is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 85% of 50 stocks in the same industry.
A new 52 week high is currently being made by HBI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HBI has a been trading in the 5.09 - 5.86 range, which is quite wide. It is currently trading near the high of this range.
HBI has an average volume of 9743370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HBI did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
HBI Weekly chart
HBI Daily chart
Setup Rating and Analysis

3

Although HBI 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.

Support and Resistance Analysis

3.53

5.87

When analyzing the support we can see 4 important areas.

  • Support @5.26 from a trend line in the daily time frame.
  • A support zone ranging from 5.11 to 5.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.69 from a trend line in the daily time frame.
  • Support @3.57 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 5.81 to 5.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.03
Mansfield0.95
10 Day High5.86
10 Day Low5.09
20 Day High5.86
20 Day Low5.09
52 Week High5.86
52 Week Low3.54
Performance
1 Week9.85%
2 Weeks9.02%
1 Month7.41%
3 Month30.04%
6 Month46.46%
12 Month10.27%
2 Year-61.05%
3 Year-70.51%
5 Year-67.56%
10 Year-69.67%
15 Year142.42%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)64.51
LBB5.07
UBB5.78
HBI Daily chart

HANESBRANDS INC

NYSE:HBI (3/28/2024, 6:40:00 PM)

After market: 5.7 -0.1 (-1.72%)

5.8

+0.2 (+3.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg3.57%
1 Week9.85%
2 Weeks9.02%
1 Month7.41%
3 Month30.04%
6 Month46.46%
12 Month10.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%3.98%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.86
10 Day Low5.09
20 Day High5.86
20 Day Low5.09
52 Week High5.86
52 Week Low3.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.94M
Volume Incr-54.34%
Vol(5)5.72M
Vol(50)9.74M