Howard Bancorp Inc (HBMD) Stock Technical Analysis
USA - NASDAQ:HBMD - 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.
Although HBMD 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.
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20.00
We found 2 important support areas.
- 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.
We found 1 important resistance 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. |
23.3
-0.49 (-2.06%)
Howard Bancorp Inc / HBMD FAQ
What is the ChartMill technical rating of Howard Bancorp Inc (HBMD) stock?
ChartMill assigns a technical rating of 10 / 10 to HBMD.
Can you provide the trend direction for Howard Bancorp Inc?
The current trend direction for Howard Bancorp Inc (HBMD) is Bullish.
Can you provide the RSI signal for Howard Bancorp Inc?
Howard Bancorp Inc (HBMD) has an RSI value of 51.197. This indicates that the stock is currently neutral.
What is the buy/sell signal for HBMD stock?
The buy/sell signal for Howard Bancorp Inc (HBMD) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Howard Bancorp Inc?
Howard Bancorp Inc (HBMD) has a support level at 21.77 and a resistance level at 25.12. Check the full technical report for our detailed analysis of HBMD support and resistance levels.