We assign a technical rating of 2 out of 10 to HNVR. HNVR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HNVR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
19.97
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 3 important areas.
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 HNVR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNVR is neutral. |
| ChartMill Relative Strength | 35.04 | NEUTRAL | HNVR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNVR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNVR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for HNVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HNVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.68 | NEUTRAL | The Stochastics value for HNVR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for HNVR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for HNVR suggests a weak or negative trend. |
21.85
+0.19 (+0.88%)
ChartMill assigns a technical rating of 2 / 10 to HNVR.
The current trend direction for HANOVER BANCORP INC (HNVR) is Bearish.
HANOVER BANCORP INC (HNVR) has an RSI value of 51.796. This indicates that the stock is currently neutral.
The MACD indicator for HANOVER BANCORP INC (HNVR) has a value of 0.0133751, indicating a bearish trend.
The short term momentum for HANOVER BANCORP INC (HNVR) is neutral.