HF FOODS GROUP INC (HFFG) Stock Technical Analysis
USA - NASDAQ:HFFG - US40417F1093 - Common Stock
We assign a technical rating of 0 out of 10 to HFFG. HFFG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, HFFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.15, a Stop Loss order could be placed below this zone.
More info and screens
2.10
We found 1 important support area.
- A support zone ranging from 2.12 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.31 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.39 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.95 from a trend line in the daily time frame.
- Resistance @3.16 from a trend line in the weekly time frame.
- Resistance @3.87 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for HFFG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HFFG is down. |
| ChartMill Relative Strength | 8.31 | NEGATIVE | HFFG has a low relative strength, it was outperformed by 91.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HFFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HFFG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HFFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.93 | NEUTRAL | The RSI value for HFFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HFFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.4 | NEUTRAL | The Stochastics value for HFFG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for HFFG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for HFFG suggests a possible start of a new trend. |
2.3
+0.07 (+3.14%)
HF FOODS GROUP INC / HFFG FAQ
What is the technical rating for HFFG stock?
ChartMill assigns a technical rating of 0 / 10 to HFFG.
What is the current trend direction of HF FOODS GROUP INC (HFFG) stock?
The current trend direction for HF FOODS GROUP INC (HFFG) is Bearish.
Can you provide the RSI signal for HF FOODS GROUP INC?
HF FOODS GROUP INC (HFFG) has an RSI value of 42.9253. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HF FOODS GROUP INC?
The MACD indicator for HF FOODS GROUP INC (HFFG) has a value of 0.0338354, indicating a bearish trend.
What is the short term momentum for HF FOODS GROUP INC (HFFG) stock?
The short term momentum for HF FOODS GROUP INC (HFFG) is negative.