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HIGH LINER FOODS INC (HLF.CA) Stock Technical Analysis

TSX:HLF - Toronto Stock Exchange - CA4296951094 - Common Stock - Currency: CAD

16.14  +0.18 (+1.13%)

Technical Rating and Analysis

10

Overall HLF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HLF has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HLF did better than 80% of all other stocks. We also observe that the gains produced by HLF over the past year are nicely spread over this period.
HLF is part of the Food Products industry. There are 19 other stocks in this industry. HLF outperforms 100% of them.
HLF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HLF has a been trading in the 14.98 - 16.21 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HIGH LINER FOODS INC / HLF Weekly stock chart
HIGH LINER FOODS INC / HLF Daily stock chart
Setup Rating and Analysis

8

HLF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.11, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.99

16.31

3 important support areas can be observed.

  • A support zone ranging from 15.07 to 16.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.45 from a trend line in the weekly time frame.
  • Support @13.12 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 16.15 to 16.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS80.32
Mansfield0.74
10 Day High16.21
10 Day Low15.19
20 Day High16.21
20 Day Low14.98
52 Week High16.23
52 Week Low11.9
Performance
1 Week1.32%
2 Weeks3.33%
1 Month6.11%
3 Month9.8%
6 Month20.9%
12 Month34.95%
2 Year8.32%
3 Year24.15%
5 Year119%
10 Year-38.79%
15 Year526.8%
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)0.05
RSI(14)59.68
LBB15.32
UBB16.21
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.

ENTRYEXITDISTANCECAPITAL
16.1615.180.98 (6.06%)16.49%
An entry @16.16. This is a Buy Stop order right above the resistance zone.An exit @15.18. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.98 points, which is 6.06%.For a 1.00% total portfolio risk, you can invest 16.49% of your capital in this trade.

  • 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.
HIGH LINER FOODS INC / HLF Daily stock chart

HIGH LINER FOODS INC

TSX:HLF (2/11/2025, 7:00:00 PM)

16.14

+0.18 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.13%
1 Week1.32%
2 Weeks3.33%
1 Month6.11%
3 Month9.8%
6 Month20.9%
12 Month34.95%
2 Year8.32%
3 Year24.15%
5 Year119%
10 Year-38.79%
15 Year526.8%
Volatility
ATR(14)0.36
ATR(20)%2.14%
ATR Inc2.37%
Range Today0.31
ADR(20)0.32
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.32
Mansfield0.74
10 Day High16.21
10 Day Low15.19
20 Day High16.21
20 Day Low14.98
52 Week High16.23
52 Week Low11.9
CS1 End16.11
CR1 Start16.15
Volume & EV
DER(3)-0.85%
DER(5)-4.11%
Volume25.02K
Volume Incr-1.7%
Vol(5)20.48K
Vol(50)51.09K