HANOVER BANCORP INC (HNVR) Technical Analysis
NASDAQ:HNVR • US4107091096
20.72 USD
-0.32 (-1.52%)
Last: Mar 11, 2026, 08:01 PM
We assign a technical rating of 0 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% of all other stocks performed better in the past year than HNVR.
- HNVR is one of the lesser performing stocks in the Banks industry. 91% of 381 stocks in the same industry do better.
- HNVR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: HNVR has an average volume of 12942 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- HNVR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HNVR is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HNVR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 20.70, a Stop Loss order could be placed below this zone.
More info and screens
19.97
24.28
We found 2 important support areas.
- A support zone ranging from 20.63 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.17 to 20.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 20.86 to 21.61. 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 22.54 to 22.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.77 to 24.04. 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 HNVR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNVR is down. |
| ChartMill Relative Strength | 21.44 | NEGATIVE | HNVR has a low relative strength, it was outperformed by 78.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNVR is below a declining 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) | 31.89 | NEUTRAL | The RSI value for HNVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HNVR has a negative trend. |
| Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests HNVR may be oversold. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for HNVR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.06 | POSITIVE | The high ADX value value for HNVR suggests a strong 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)
HNVR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HNVR (3/11/2026, 8:01:49 PM)
20.72
-0.32 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.52%
1 Week-3.22%
2 Weeks-5.17%
1 Month-10.3%
3 Month-13.63%
6 Month-7.58%
12 Month-8.72%
2 Year39.81%
3 Year15.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%2.96%
ATR Inc12.45%
Range Today0.49
ADR(20)0.59
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.44
3 months CRS22.43
6 months CRS30.94
Mansfield-1.24
10 Day High21.94
10 Day Low20.64
20 Day High23.36
20 Day Low20.56
52 Week High24.36
52 Week Low18.31
CS1 End20.7
CR1 Start20.86
Volume & EV
DER(3)-2.95%
DER(5)-1.1%
Volume6.70K
Volume Incr-35.46%
Vol(5)6.06K
Vol(50)12.94K
HANOVER BANCORP INC / HNVR FAQ
Can you provide the ChartMill technical rating for HANOVER BANCORP INC?
ChartMill assigns a technical rating of 0 / 10 to HNVR.
What is the current trend direction of HANOVER BANCORP INC (HNVR) stock?
The current trend direction for HANOVER BANCORP INC (HNVR) is Bearish.
Can you provide the RSI signal for HANOVER BANCORP INC?
HANOVER BANCORP INC (HNVR) has an RSI value of 31.8869. This indicates that the stock is currently neutral.
What is the short term momentum for HNVR stock?
The short term momentum for HANOVER BANCORP INC (HNVR) is negative.
Can you provide the buy/sell signal for HANOVER BANCORP INC?
The buy/sell signal for HANOVER BANCORP INC (HNVR) is sell as both the short term and long term trends are negative.