HARBOR COMMODITY ALL WEATHER (HGER) Stock Technical Analysis
USA - NYSE:HGER - US41151J5056 - ETF
Overall HGER gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HGER is showing a nice and steady performance.
Besides having an excellent technical rating, HGER also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.51. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HGER in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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22.44
We found 4 important support areas.
- A support zone ranging from 25.02 to 25.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.26 to 24.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.60 from a horizontal line in the daily time frame.
- A support zone ranging from 22.67 to 22.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.51 to 26.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HGER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HGER is up. |
| ChartMill Relative Strength | 70.5 | POSITIVE | HGER has a high relative strength, it outperformed 70.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HGER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HGER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HGER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.77 | NEUTRAL | The RSI value for HGER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HGER has a positive trend. |
| Stochastics (14,3) | 81.72 | OVERBOUGHT | The high Stochastics value suggests HGER may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for HGER suggests low volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for HGER suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 26.53 | 25.72 | 0.81 (3.06%) | 25.00% |
| An entry @26.53. This is a Buy Stop order right above the resistance zone. | An exit @25.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.81 points, which is 3.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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.
26.5
-0.02 (-0.08%)
HARBOR COMMODITY ALL WEATHER / HGER FAQ
Can you provide the ChartMill technical rating for HARBOR COMMODITY ALL WEATHER?
ChartMill assigns a technical rating of 10 / 10 to HGER.
Can you provide the trend direction for HARBOR COMMODITY ALL WEATHER?
The current trend direction for HARBOR COMMODITY ALL WEATHER (HGER) is Bullish.
Can you provide the RSI signal for HARBOR COMMODITY ALL WEATHER?
HARBOR COMMODITY ALL WEATHER (HGER) has an RSI value of 61.7743. This indicates that the stock is currently neutral.
What is the buy/sell signal for HGER stock?
The buy/sell signal for HARBOR COMMODITY ALL WEATHER (HGER) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HARBOR COMMODITY ALL WEATHER?
HARBOR COMMODITY ALL WEATHER (HGER) has a support level at 25.51 and a resistance level at 26.51. Check the full technical report for our detailed analysis of HGER support and resistance levels.