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HANOVER BANCORP INC (HNVR) Stock Technical Analysis

USA - Nasdaq - NASDAQ:HNVR - US4107091096 - Common Stock

23.77 USD
-0.35 (-1.45%)
Last: 1/23/2026, 8:01:33 PM
Technical Rating and Analysis

8

Overall HNVR gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HNVR is only an average performer.

  • HNVR is one of the lesser performing stocks in the Banks industry. 71% of 383 stocks in the same industry do better.
  • Warning: HNVR has an average volume of 16282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long and short term trends are both positive. This is looking good!
  • In the last month HNVR has a been trading in the 21.51 - 24.36 range, which is quite wide. It is currently trading near the high of this range.
  • When comparing the performance of all stocks over the past year, HNVR turns out to be only a medium performer in the overall market: it outperformed 49% of all 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.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HANOVER BANCORP INC / HNVR Weekly stock chart
HANOVER BANCORP INC / HNVR Daily stock chart
Setup Rating and Analysis

9

HNVR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 23.64, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.42

24.01

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 22.98 to 23.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.50 to 22.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @21.78 from a trend line in the weekly time frame.
  • 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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HNVR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HNVR is up.
ChartMill Relative Strength49.67NEUTRALHNVR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HNVR is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HNVR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HNVR is above the rising SMA(200).
Relative Strength Index/RSI (14)57.73NEUTRALThe RSI value for HNVR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests HNVR has a positive trend, although the MACD value is declining.
Stochastics (14,3)87.75OVERBOUGHTThe high Stochastics value suggests HNVR may be overbought.
Average True Range in percent/ATR (20)2.86MEDIUM VOLATILITYThe ATR as a percentage value for HNVR suggests some volalility.
Average Directional Index/ADX (14)24.54NEUTRALThe ADX value for HNVR suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.3722.971.40 (5.74%)17.41%
An entry @24.37. This is a Buy Stop order right above the 10 day high.An exit @22.97. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.40 points, which is 5.74%.When investing 17.41% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HANOVER BANCORP INC / HNVR Daily stock chart

HANOVER BANCORP INC

NASDAQ:HNVR (1/23/2026, 8:01:33 PM)

23.77

-0.35 (-1.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.45%
1 Week1.11%
2 Weeks4.25%
1 Month1.06%
3 Month13.14%
6 Month9.14%
12 Month-8.44%
2 Year31.54%
3 Year21.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%2.86%
ATR Inc-15.92%
Range Today0.55
ADR(20)0.66
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.67
3 months CRS84.24
6 months CRS67.32
Mansfield-0.48
10 Day High24.36
10 Day Low21.51
20 Day High24.36
20 Day Low21.51
52 Week High27
52 Week Low18.31
CS1 End23.64
CR1 StartN/A
Volume & EV
DER(3)-5.59%
DER(5)-4.37%
Volume16.10K
Volume Incr97.15%
Vol(5)26.24K
Vol(50)16.28K

HANOVER BANCORP INC / HNVR FAQ

Can you provide the ChartMill technical rating for HANOVER BANCORP INC?

ChartMill assigns a technical rating of 8 / 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 Bullish.


Can you provide the RSI signal for HANOVER BANCORP INC?

HANOVER BANCORP INC (HNVR) has an RSI value of 57.7328. 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 positive.


Can you provide the buy/sell signal for HANOVER BANCORP INC?

The buy/sell signal for HANOVER BANCORP INC (HNVR) is buy as both the short term and long term trends are positive.