USA - NASDAQ:HFWA - US42722X1063 - Common Stock
Taking everything into account, HFWA scores 0 out of 10 in our technical rating. HFWA 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, HFWA 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 21.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HFWA in the last couple of days, which is a good sign.
20.76
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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 HFWA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HFWA is down. |
| ChartMill Relative Strength | 23.31 | NEGATIVE | HFWA has a low relative strength, it was outperformed by 76.69% 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) | DOWN | NEGATIVE | The current price of HFWA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.16 | NEUTRAL | The RSI value for HFWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HFWA has a negative trend. |
| Stochastics (14,3) | 24.19 | NEUTRAL | The Stochastics value for HFWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for HFWA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for HFWA suggests a possible start of a new trend. |
22.06
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to HFWA.
The current trend direction for HERITAGE FINANCIAL CORP (HFWA) is Bearish.
HERITAGE FINANCIAL CORP (HFWA) has an RSI value of 37.1627. This indicates that the stock is currently neutral.
The buy/sell signal for HERITAGE FINANCIAL CORP (HFWA) is sell as both the short term and long term trends are negative.
HERITAGE FINANCIAL CORP (HFWA) has a support level at 21.13 and a resistance level at 22.11. Check the full technical report for our detailed analysis of HFWA support and resistance levels.