HARMONIC INC (HLIT) Stock Technical Analysis
NASDAQ:HLIT - Nasdaq - US4131601027 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to HLIT. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than HLIT.
HLIT is one of the lesser performing stocks in the Communications Equipment industry. 85% of 48 stocks in the same industry do better.
HLIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
HLIT has an average volume of 1141410 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 7.80 - 9.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HLIT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.98. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HLIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.16
10.01
When analyzing the support we can see 2 important areas.
- Support @8.53 from a horizontal line in the daily time frame.
- A support zone ranging from 8.24 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.98 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.35 from a horizontal line in the daily time frame.
- Resistance @9.58 from a trend line in the daily time frame.
- A resistance zone ranging from 9.82 to 9.91. 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 | DOWN | NEGATIVE | The long term trend for HLIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HLIT is down. |
| ChartMill Relative Strength | 11.19 | NEGATIVE | HLIT has a low relative strength, it was outperformed by 88.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HLIT is below a declining 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) | 43.88 | NEUTRAL | The RSI value for HLIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HLIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.09 | NEUTRAL | The Stochastics value for HLIT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.75 | 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)
NASDAQ:HLIT (8/7/2025, 11:10:27 AM)
8.735
+0.04 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.4%
1 Week-3.23%
2 Weeks-3.97%
1 Month-7.99%
3 Month-4.19%
6 Month-21.83%
12 Month-33.74%
2 Year-18.54%
3 Year-22.74%
5 Year47.46%
10 Year50.78%
15 Year49.74%
Volatility
ATR(14)0.34
ATR(20)%3.84%
ATR Inc-25.73%
Range Today0.06
ADR(20)0.32
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.19
Mansfield-2.86
10 Day High9.19
10 Day Low7.8
20 Day High9.52
20 Day Low7.8
52 Week High15.46
52 Week Low7.8
CS1 End8.53
CR1 Start8.98
Volume & EV
DER(3)5.71%
DER(5)2.22%
Volume5.37K
Volume Incr-9.74%
Vol(5)1.27M
Vol(50)1.14M