Overall HFWA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HFWA is only an average performer.
Although HFWA 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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20.76
When analyzing the support we can see 5 important areas.
- Support @25.19 from a horizontal line in the daily time frame.
- A support zone ranging from 23.19 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.60 from a trend line in the weekly time frame.
- A support zone ranging from 21.99 to 22.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.97 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.70 to 25.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.50 from a horizontal 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 | UP | POSITIVE | The long term trend for HFWA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HFWA is up. |
| ChartMill Relative Strength | 41.4 | NEUTRAL | HFWA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HFWA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HFWA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HFWA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.25 | OVERBOUGHT | The high RSI value suggests HFWA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests HFWA has a positive trend. |
| Stochastics (14,3) | 91.93 | OVERBOUGHT | The high Stochastics value suggests HFWA may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for HFWA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for HFWA suggests a possible start of a new trend. |
25.32
+0.09 (+0.36%)
HERITAGE FINANCIAL CORP / HFWA FAQ
What is the technical rating for HFWA stock?
ChartMill assigns a technical rating of 8 / 10 to HFWA.
Can you provide the trend direction for HERITAGE FINANCIAL CORP?
The current trend direction for HERITAGE FINANCIAL CORP (HFWA) is Bullish.
What is the RSI signal for HFWA stock?
HERITAGE FINANCIAL CORP (HFWA) has an RSI value of 72.2472. This indicates that the stock is currently overbought.
What is the buy/sell signal for HERITAGE FINANCIAL CORP (HFWA) stock?
The buy/sell signal for HERITAGE FINANCIAL CORP (HFWA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for HERITAGE FINANCIAL CORP (HFWA) stock?
HERITAGE FINANCIAL CORP (HFWA) has a support level at 25.19 and a resistance level at 25.7. Check the full technical report for our detailed analysis of HFWA support and resistance levels.