9.88 USD
-0.27 (-2.66%)
9.88 USD
0 (0%)
Overall HLIT gets a technical rating of 3 out of 10. HLIT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, HLIT is a bad performer in the overall market: 81% of all stocks are doing better.
HLIT is one of the lesser performing stocks in the Communications Equipment industry. 76% of 48 stocks in the same industry do better.
HLIT has an average volume of 1008120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
HLIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLIT is lagging the market.
In the last month HLIT has a been trading in the 8.73 - 10.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher 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
8.25
10.83
3 important support areas can be observed.
- A support zone ranging from 8.76 to 9.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.53 from a horizontal line in the daily time frame.
- Support @8.33 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.91 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.71 to 10.72. 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 | NEUTRAL | NEUTRAL | The long term trend for HLIT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HLIT is neutral. |
| ChartMill Relative Strength | 19.11 | NEGATIVE | HLIT has a low relative strength, it was outperformed by 80.89% 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 | MIXED | The current price of HLIT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for HLIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HLIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for HLIT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.61 | NEUTRAL | The ADX value for HLIT 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)
9.88
-0.27 (-2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-2.66%
1 Week-3.89%
2 Weeks1.96%
1 Month11.64%
3 Month-3.23%
6 Month11.26%
12 Month-25.83%
2 Year-24.23%
3 Year-24.58%
5 Year33.69%
10 Year142.75%
15 Year15.29%
Volatility
ATR(14)0.4
ATR(20)%3.7%
ATR Inc9.82%
Range Today0.38
ADR(20)0.33
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.11
3 months CRS35.35
6 months CRS63.79
Mansfield-1.05
10 Day High10.8
10 Day Low9.83
20 Day High10.8
20 Day Low8.74
52 Week High13.75
52 Week Low7.8
CS1 End9
CR1 Start9.91
Volume & EV
DER(3)2.49%
DER(5)3.12%
Volume2.68M
Volume Incr33.96%
Vol(5)1.53M
Vol(50)1.01M
HARMONIC INC / HLIT FAQ
Can you provide the ChartMill technical rating for HARMONIC INC?
ChartMill assigns a technical rating of 3 / 10 to HLIT.
What is the trend direction for HLIT stock?
The current trend direction for HARMONIC INC (HLIT) is Bearish.
What is the RSI signal for HARMONIC INC (HLIT) stock?
HARMONIC INC (HLIT) has an RSI value of 46.8331. This indicates that the stock is currently neutral.
What is the MACD signal for HARMONIC INC (HLIT) stock?
The MACD indicator for HARMONIC INC (HLIT) has a value of 0.0188134, indicating a bearish trend.
What is the short term momentum for HLIT stock?
The short term momentum for HARMONIC INC (HLIT) is neutral.