HARMONIC INC (HLIT) Stock Technical Analysis
NASDAQ:HLIT - Nasdaq - US4131601027 - Common Stock - Currency: USD
Taking everything into account, HLIT scores 1 out of 10 in our technical rating. HLIT'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
79% of all other stocks performed better in the past year than HLIT.
HLIT is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 81% are performing better than HLIT.
HLIT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HLIT is lagging the market.
HLIT has an average volume of 1035280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HLIT has a been trading in the 8.73 - 9.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
HLIT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.08
9.84
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.25 to 9.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for HLIT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HLIT is neutral. |
| ChartMill Relative Strength | 21.96 | NEGATIVE | HLIT has a low relative strength, it was outperformed by 78.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HLIT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HLIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HLIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.36 | NEUTRAL | The RSI value for HLIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HLIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.84 | NEUTRAL | The Stochastics value for HLIT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for HLIT 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)
NASDAQ:HLIT (5/22/2025, 2:18:18 PM)
9.17
-0.07 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.76%
1 Week-3.75%
2 Weeks3.94%
1 Month5%
3 Month-12.17%
6 Month-25.9%
12 Month-22.42%
2 Year-47.53%
3 Year-4.05%
5 Year71.43%
10 Year35.68%
15 Year59.59%
Volatility
ATR(14)0.24
ATR(20)%3.13%
ATR Inc-30.37%
Range Today0.12
ADR(20)0.26
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.96
Mansfield-2.4
10 Day High9.87
10 Day Low8.97
20 Day High9.87
20 Day Low8.73
52 Week High15.46
52 Week Low7.91
CS1 EndN/A
CR1 Start9.25
Volume & EV
DER(3)0.62%
DER(5)1.15%
Volume198.78K
Volume Incr-39.81%
Vol(5)624.00K
Vol(50)1.04M