Overall HFWA gets a technical rating of 2 out of 10. 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.
The technical rating of HFWA is bad and it also does not present a 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.
20.76
We found 4 important support areas.
We can see 4 important resistance 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 | 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 | 29.04 | NEGATIVE | HFWA has a low relative strength, it was outperformed by 70.96% off all stocks 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) | DOWN | MIXED | The current price of HFWA is above 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) | 57.98 | NEUTRAL | The RSI value for HFWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests HFWA has a positive trend. |
| Stochastics (14,3) | 74.86 | NEUTRAL | The Stochastics value for HFWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for HFWA suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for HFWA suggests a possible start of a new trend. |
23.27
+0.95 (+4.26%)
ChartMill assigns a technical rating of 2 / 10 to HFWA.
The current trend direction for HERITAGE FINANCIAL CORP (HFWA) is Bearish.
HERITAGE FINANCIAL CORP (HFWA) has an RSI value of 57.9763. This indicates that the stock is currently neutral.
HERITAGE FINANCIAL CORP (HFWA) has a support level at 23.26 and a resistance level at 24.15. Check the full technical report for our detailed analysis of HFWA support and resistance levels.