HIGH LINER FOODS INC (HLF.CA) Stock Technical Analysis
TSX:HLF - Toronto Stock Exchange - CA4296951094 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to HLF. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: HLF has an average volume of 20411 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that HLF is one of the better performing stocks in the market, outperforming 79% of all stocks.
HLF is part of the Food Products industry. There are 18 other stocks in this industry. HLF outperforms 82% of them.
HLF 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 HLF is lagging the market slightly.
HLF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, HLF also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 17.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
14.19
18.41
We found 5 important support areas.
- A support zone ranging from 17.44 to 17.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.51 from a horizontal line in the weekly time frame.
- A support zone ranging from 16.11 to 16.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.30 from a horizontal line in the daily time frame.
- Support @14.33 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for HLF.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HLF.CA is neutral. |
| ChartMill Relative Strength | 79.29 | POSITIVE | HLF.CA has a high relative strength, it outperformed 79.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HLF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.03 | NEUTRAL | The RSI value for HLF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HLF.CA has a negative trend. |
| Stochastics (14,3) | 54.03 | NEUTRAL | The Stochastics value for HLF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for HLF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for HLF.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 18.89 | 17.83 | 1.06 (5.61%) | 17.82% |
| An entry @18.89. This is a Buy Stop order right above the 10 day high. | An exit @17.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.06 points, which is 5.61%. | When investing 17.82% 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.
TSX:HLF (6/24/2025, 7:00:00 PM)
18.23
-0.03 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.16%
1 Week-0.38%
2 Weeks-2.77%
1 Month-0.11%
3 Month7.55%
6 Month14.51%
12 Month36.2%
2 Year31.06%
3 Year51.54%
5 Year214.31%
10 Year-19.51%
15 Year553.99%
Volatility
ATR(14)0.51
ATR(20)%2.35%
ATR Inc55.31%
Range Today0.49
ADR(20)0.41
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.29
Mansfield1.28
10 Day High18.88
10 Day Low17.84
20 Day High19.07
20 Day Low17.25
52 Week High19.07
52 Week Low12.25
CS1 End17.68
CR1 StartN/A
Volume & EV
DER(3)1.02%
DER(5)0.23%
Volume10.12K
Volume Incr-31.52%
Vol(5)15.16K
Vol(50)20.41K