HINGHAM INSTITUTION FOR SVGS (HIFS) Stock Technical Analysis
NASDAQ:HIFS - Nasdaq - US4333231029 - Common Stock - Currency: USD
Taking everything into account, HIFS scores 9 out of 10 in our technical rating. In the last year, HIFS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that HIFS is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by HIFS over the past year are nicely spread over this period.
HIFS is part of the Banks industry. There are 395 other stocks in this industry. HIFS outperforms 89% of them.
HIFS 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 HIFS is lagging the market slightly.
In the last month HIFS has a been trading in the 220.76 - 276.31 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HIFS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
183.87
280.18
We found 4 important support areas.
- A support zone ranging from 242.18 to 246.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @225.24 from a trend line in the weekly time frame.
- A support zone ranging from 218.94 to 220.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @185.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @277.41 from a horizontal line in the daily time frame.
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 HIFS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIFS is up. |
| ChartMill Relative Strength | 88.46 | POSITIVE | HIFS has a high relative strength, it outperformed 88.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.54 | OVERBOUGHT | The high RSI value suggests HIFS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.26 | POSITIVE | The MACD value suggests HIFS has a positive trend. |
| Stochastics (14,3) | 96.95 | OVERBOUGHT | The high Stochastics value suggests HIFS may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for HIFS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.08 | NEUTRAL | The ADX value for HIFS suggests a possible start of a new trend. |
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)
275.21
+13.81 (+5.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.28%
1 Week17.79%
2 Weeks20.71%
1 Month17.56%
3 Month24.89%
6 Month7.13%
12 Month55.07%
2 Year23.72%
3 Year-5.1%
5 Year56.37%
10 Year127.43%
15 Year649.48%
Volatility
ATR(14)7.59
ATR(20)%2.75%
ATR Inc140%
Range Today15.2
ADR(20)6.96
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.46
Mansfield0.27
10 Day High276.31
10 Day Low220.76
20 Day High276.31
20 Day Low220.76
52 Week High300
52 Week Low180
CS1 End220.19
CR1 Start261.41
Volume & EV
DER(3)1.9%
DER(5)1.59%
Volume162.59K
Volume Incr-17.05%
Vol(5)87.94K
Vol(50)74.17K