HARMONIC INC (HLIT) Stock Technical Analysis
NASDAQ:HLIT - Nasdaq - US4131601027 - Common Stock - Currency: USD
Overall HLIT gets a technical rating of 1 out of 10. HLIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, HLIT is a bad performer in the overall market: 86% of all stocks are doing better.
HLIT is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 93% are performing better than HLIT.
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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month HLIT has a been trading in the 8.67 - 10.20 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 poor technical rating and the quality of the setup is also not perfect 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
8.44
10.28
When analyzing the support we can see 2 important areas.
- Support @8.85 from a trend line in the daily time frame.
- Support @8.53 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @9.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.28 to 9.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.04 to 10.18. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 14.3 | NEGATIVE | HLIT has a low relative strength, it was outperformed by 85.7% 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) | UP | MIXED | The current price of HLIT is below the rising 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) | 47.74 | NEUTRAL | The RSI value for HLIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HLIT has a negative trend. |
| Stochastics (14,3) | 31.59 | 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) | 16.23 | 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 (7/15/2025, 10:16:45 AM)
9.1
-0.14 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.52%
1 Week-9.14%
2 Weeks-2.63%
1 Month-0.22%
3 Month3.82%
6 Month-25.48%
12 Month-24.76%
2 Year-38.07%
3 Year-15.38%
5 Year65.59%
10 Year53.74%
15 Year32.57%
Volatility
ATR(14)0.37
ATR(20)%3.7%
ATR Inc3.07%
Range Today0.28
ADR(20)0.32
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.3
Mansfield-2.55
10 Day High10.2
10 Day Low8.81
20 Day High10.2
20 Day Low8.67
52 Week High15.46
52 Week Low7.91
CS1 End9.11
CR1 Start9.28
Volume & EV
DER(3)-1.44%
DER(5)0.66%
Volume117.64K
Volume Incr58.25%
Vol(5)1.69M
Vol(50)966.47K