HARMONIC INC (HLIT) Stock Technical Analysis
USA - NASDAQ:HLIT - US4131601027 - Common Stock
10.09 USD
+0.08 (+0.8%)
10.09 USD
0 (0%)
We assign a technical rating of 4 out of 10 to HLIT. HLIT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
65% of all other stocks performed better in the past year than HLIT.
HLIT is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 74% are performing better than HLIT.
In the last month HLIT has a been trading in the 9.76 - 11.49 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Volume is considerably higher in the last couple of days.
HLIT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.25
10.82
We found 4 important support areas.
- A support zone ranging from 9.89 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.70 to 9.70. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.22 to 10.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.58 to 10.71. 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 | DOWN | NEGATIVE | The short term trend for HLIT is down. |
| ChartMill Relative Strength | 35.07 | NEUTRAL | HLIT is not amongst the best or worst performers 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) | UP | MIXED | The current price of HLIT is below the rising 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) | 43.69 | NEUTRAL | The RSI value for HLIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HLIT has a negative trend. |
| Stochastics (14,3) | 7.44 | OVERSOLD | The low Stochastics value suggests HLIT may be oversold. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for HLIT suggests some volalility. |
| Average Directional Index/ADX (14) | 20 | 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)
10.09
+0.08 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.8%
1 Week-5.44%
2 Weeks-3.63%
1 Month1.61%
3 Month12.49%
6 Month5.77%
12 Month-15.35%
2 Year-8.77%
3 Year-34.22%
5 Year54.52%
10 Year82.46%
15 Year49.26%
Volatility
ATR(14)0.37
ATR(20)%3.35%
ATR Inc-21.23%
Range Today0.31
ADR(20)0.33
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.07
3 months CRS82.45
6 months CRS52.06
Mansfield-1.25
10 Day High11.49
10 Day Low9.92
20 Day High11.49
20 Day Low9.76
52 Week High13.75
52 Week Low7.8
CS1 End10.03
CR1 Start10.22
Volume & EV
DER(3)-0.98%
DER(5)0.07%
Volume886.60K
Volume Incr56.33%
Vol(5)1.10M
Vol(50)813.21K
HARMONIC INC / HLIT FAQ
Can you provide the ChartMill technical rating for HARMONIC INC?
ChartMill assigns a technical rating of 4 / 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 43.6905. 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 -0.065089, indicating a bearish trend.
What is the short term momentum for HLIT stock?
The short term momentum for HARMONIC INC (HLIT) is negative.