Hopfed Bancorp (HFBC) Stock Technical Analysis
USA - NASDAQ:HFBC -
Overall HFBC gets a technical rating of 5 out of 10. Although HFBC has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
HFBC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HFBC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.17 to 19.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.75 to 18.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.61 to 19.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.14 to 20.36. 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 | NEUTRAL | NEUTRAL | The long term trend for HFBC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HFBC is neutral. |
| ChartMill Relative Strength | 85.17 | POSITIVE | HFBC has a high relative strength, it outperformed 85.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HFBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HFBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HFBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for HFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HFBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.95 | NEUTRAL | The Stochastics value for HFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for HFBC suggests low volalility. |
NASDAQ:HFBC (7/26/2019, 8:07:50 PM)
19.53
+0.38 (+1.98%)
Hopfed Bancorp / HFBC FAQ
Can you provide the ChartMill technical rating for Hopfed Bancorp?
ChartMill assigns a technical rating of 4 / 10 to HFBC.
What is the current trend direction of Hopfed Bancorp (HFBC) stock?
The current trend direction for Hopfed Bancorp (HFBC) is Bearish.
What is the RSI signal for HFBC stock?
Hopfed Bancorp (HFBC) has an RSI value of 52.3925. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Hopfed Bancorp?
The MACD indicator for Hopfed Bancorp (HFBC) has a value of -0.0265213, indicating a bearish trend.
What are the support and resistance levels for Hopfed Bancorp (HFBC) stock?
Hopfed Bancorp (HFBC) has a support level at 19.44 and a resistance level at 19.61. Check the full technical report for our detailed analysis of HFBC support and resistance levels.