HERITAGE FINANCIAL CORP (HFWA) 31.17 +0.13 (+0.42%)
31.17 +0.13 (+0.42%)
US42722X1063 - Common Stock
Technical Rating
Taking everything into account, HFWA scores 8 out of 10 in our technical rating. In the last year, HFWA was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, HFWA did better than 95% of all other stocks. On top of that, HFWA also shows a nice and consistent pattern of rising prices.
HFWA is one of the better performing stocks in the Banks industry, it outperforms 96% of 323 stocks in the same industry.
HFWA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so HFWA slightly outperforms the market at the moment.
In the last month HFWA has a been trading in the 30.36 - 34.34 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
24.52
34.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.84 to 31.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.96 from a trend line in the daily time frame.
- Support @26.50 from a horizontal line in the daily time frame.
- Support @24.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.61 to 34.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
Although HFWA has an excellent technical rating, it does not present a decent entry opportunity 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.
HERITAGE FINANCIAL CORP31.17
NASDAQ:HFWA (12/7/2022, 1:46:33 PM)+0.13 (+0.42%)
| GICS Sector | Financials | ||
| GICS Industry | Banks | ||
| Today | 0.42% | 1 Week | -4.49% |
| 2 Weeks | -5.71% | 1 Month | -9.05% |
| 3 Month | 14.96% | 6 Month | 25.21% |
| ATR(14) | 0.88 | ATR(20)% | 2.85% |
| ATR Inc | 52.63% | Range Today | 0.8 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 95.58 | Mansfield | 2.07 |
| 10 Day High | 33.34 | 10 Day Low | 30.36 |
| 20 Day High | 34.34 | 20 Day Low | 30.36 |
| 52 Week High | 34.34 | 52 Week Low | 22.51 |
| CS1 End | 31.03 | CR1 Start | 33.61 |
| DER(3) | 1.78% | DER(5) | -0.4% |
| Volume | 74.78K | Volume Incr | -11.84% |
| Vol(5) | 174.54K | Vol(50) | 209.42K |
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