HERITAGE FINANCIAL CORP (HFWA) Stock Technical Analysis
NASDAQ:HFWA - Nasdaq - US42722X1063 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to HFWA. Although HFWA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month HFWA has a been trading in the 22.45 - 25.00 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that HFWA is one of the better performing stocks in the market, outperforming 81% of all stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
HFWA is part of the Banks industry. There are 396 other stocks in this industry, HFWA did better than 69% of them.
HFWA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HFWA is lagging the market slightly.
HFWA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
17.35
26.03
3 important support areas can be observed.
- Support @21.77 from a trend line in the weekly time frame.
- A support zone ranging from 20.77 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.53 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.00 to 24.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.77 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for HFWA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HFWA is neutral. |
| ChartMill Relative Strength | 81.22 | POSITIVE | HFWA has a high relative strength, it outperformed 81.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HFWA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HFWA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HFWA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44 | NEUTRAL | The RSI value for HFWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HFWA has a negative trend. |
| Stochastics (14,3) | 32.26 | NEUTRAL | The Stochastics value for HFWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for HFWA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for HFWA suggests a weak or negative trend. |
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)
22.81
-0.17 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.74%
1 Week-2.65%
2 Weeks-1.47%
1 Month-0.74%
3 Month-4.6%
6 Month-12.71%
12 Month31.32%
2 Year41.06%
3 Year-9.34%
5 Year14.05%
10 Year27.64%
15 Year52.37%
Volatility
ATR(14)0.58
ATR(20)%2.57%
ATR Inc-23.01%
Range Today0.35
ADR(20)0.55
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.22
Mansfield-0.39
10 Day High23.69
10 Day Low22.45
20 Day High25
20 Day Low22.45
52 Week High27.58
52 Week Low16.55
CS1 End21.77
CR1 Start23
Volume & EV
DER(3)-1.16%
DER(5)-1.08%
Volume175.70K
Volume Incr-0.73%
Vol(5)186.14K
Vol(50)217.84K