Howard Bancorp Inc (HBMD) Stock Technical Analysis
NASDAQ:HBMD - Nasdaq - Common Stock
Overall HBMD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HBMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HBMD did better than 96% of all other stocks. On top of that, HBMD also shows a nice and consistent pattern of rising prices.
HBMD is one of the better performing stocks in the Banks industry, it outperforms 100% of 393 stocks in the same industry.
HBMD 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 HBMD is lagging the market slightly.
In the last month HBMD has a been trading in the 21.28 - 25.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HBMD has an excellent technical rating, it does not present a decent entry opportunity 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
20.00
25.37
2 important support areas can be observed.
- A support zone ranging from 21.51 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.20 to 20.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.12 to 25.12. 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 HBMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBMD is up. |
| ChartMill Relative Strength | 96.81 | POSITIVE | HBMD has a high relative strength, it outperformed 96.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HBMD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.2 | NEUTRAL | The RSI value for HBMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HBMD has a negative trend. |
| Stochastics (14,3) | 53.67 | NEUTRAL | The Stochastics value for HBMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for HBMD suggests some volalility. |
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)
23.3
-0.49 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.06%
1 Week-6.24%
2 Weeks-3.64%
1 Month8.98%
3 Month10.69%
6 Month20.29%
12 Month75.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.52%
ATR Inc65.84%
Range Today0.57
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.81
Mansfield2.41
10 Day High25.36
10 Day Low23.23
20 Day High25.36
20 Day Low21.28
52 Week High25.36
52 Week Low11.74
CS1 End21.77
CR1 Start25.12
Volume & EV
DER(3)5.92%
DER(5)3.78%
Volume1.80M
Volume Incr702.02%
Vol(5)404.98K
Vol(50)89.29K