HERITAGE FINANCIAL CORP (HFWA) Technical Analysis
NASDAQ:HFWA • US42722X1063
Current stock price
HFWA Technical Rating and Analysis
Overall HFWA gets a technical rating of 6 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.
- The long and short term trends are both positive. This is looking good!
- HFWA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HFWA is lagging the market slightly.
- In the last month HFWA has a been trading in the 25.89 - 28.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, HFWA turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- HFWA is an average performer in the Banks industry, it outperforms 52% of 376 stocks in the same industry.
HFWA Weekly and Daily overview Charts
HFWA Setup Rating and Analysis
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. There is a resistance zone just above the current price starting at 28.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.35, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
HFWA Support and Resistance Analysis
21.91
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.84 to 27.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.20 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.69 to 24.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.11 from a trend line in the weekly time frame.
- Support @22.57 from a horizontal line in the weekly time frame.
- Support @22.13 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.14 to 28.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
HFWA Technical Indicator Signal Analysis
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 | 62.51 | 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) | DOWN | MIXED | The current price of HFWA is above a declining 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) | 57.05 | NEUTRAL | The RSI value for HFWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HFWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.42 | NEUTRAL | The Stochastics value for HFWA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for HFWA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for HFWA suggests a strong trend. |
HFWA Chart- and CandleStick Pattern Analysis
HFWA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.39 | 26.83 | 1.56 (5.49%) | 18.20% |
| An entry @28.39. This is a Buy Stop order right above the resistance zone. | An exit @26.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.56 points, which is 5.49%. | When investing 18.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HFWA Technicals: Chart, Performance Metrics, Trend & Indicators
27.61
+0.09 (+0.33%)
HERITAGE FINANCIAL CORP / HFWA TA FAQ
What is the technical rating for HFWA stock?
ChartMill assigns a technical rating of 6 / 10 to HFWA.
What is the trend direction for HFWA stock?
The current trend direction for HERITAGE FINANCIAL CORP (HFWA) is Bullish.
What is the RSI signal for HERITAGE FINANCIAL CORP (HFWA) stock?
HERITAGE FINANCIAL CORP (HFWA) has an RSI value of 57.0508. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HERITAGE FINANCIAL CORP?
The short term momentum for HERITAGE FINANCIAL CORP (HFWA) is positive.
Can you provide the buy/sell signal for HERITAGE FINANCIAL CORP?
The buy/sell signal for HERITAGE FINANCIAL CORP (HFWA) is buy as both the short term and long term trends are positive.