HERITAGE GLOBAL INC (HGBL)

US42727E1038 - Common Stock

2.44  0 (0%)

Technical Rating and Analysis

0

Taking everything into account, HGBL scores 0 out of 10 in our technical rating. HGBL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than HGBL.
HGBL is part of the Capital Markets industry. There are 212 other stocks in this industry, of which 79% are performing better than HGBL.
HGBL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HGBL is lagging the market.
In the last month HGBL has a been trading in the 2.38 - 2.70 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
HGBL Weekly chart
HGBL Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, HGBL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for HGBL 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.
Support and Resistance Analysis

2.36

3.04

We found 2 important support areas.

  • Support @2.43 from a horizontal line in the weekly time frame.
  • Support @2.38 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 2.63 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.75 from a trend line in the weekly time frame.
  • Resistance @2.84 from a trend line in the daily time frame.
  • Resistance @3.01 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.06
Mansfield-2.92
10 Day High2.58
10 Day Low2.38
20 Day High2.7
20 Day Low2.38
52 Week High4.08
52 Week Low2.33
Performance
1 Week-1.21%
2 Weeks-2.01%
1 Month-7.58%
3 Month-14.69%
6 Month-25.84%
12 Month-13.48%
2 Year105.04%
3 Year-13.78%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)32.31
LBB2.4
UBB2.59
HGBL Daily chart

HERITAGE GLOBAL INC

NASDAQ:HGBL (5/3/2024, 7:00:01 PM)

2.44

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0%
1 Week-1.21%
2 Weeks-2.01%
1 Month-7.58%
3 Month-14.69%
6 Month-25.84%
12 Month-13.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%4.05%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.58
10 Day Low2.38
20 Day High2.7
20 Day Low2.38
52 Week High4.08
52 Week Low2.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume52.30K
Volume Incr-23.99%
Vol(5)57.62K
Vol(50)74.68K