HANOVER BANCORP INC (HNVR) Stock Technical Analysis
NASDAQ:HNVR - Nasdaq - US4107102067 - Common Stock - Currency: USD
Taking everything into account, HNVR scores 4 out of 10 in our technical rating. In the last year, HNVR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: HNVR has an average volume of 26198 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HNVR is part of the Banks industry. There are 396 other stocks in this industry. HNVR outperforms 74% of them.
In the last month HNVR has a been trading in the 21.02 - 23.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that HNVR is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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 only medium, HNVR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
18.57
23.87
4 important support areas can be observed.
- Support @21.69 from a trend line in the daily time frame.
- Support @20.61 from a trend line in the weekly time frame.
- A support zone ranging from 19.16 to 19.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.36 to 23.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HNVR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNVR is neutral. |
| ChartMill Relative Strength | 74.89 | POSITIVE | HNVR has a high relative strength, it outperformed 74.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HNVR is below 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) | UP | MIXED | The current price of HNVR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.98 | NEUTRAL | The RSI value for HNVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HNVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.06 | NEUTRAL | The Stochastics value for HNVR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for HNVR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for HNVR 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:HNVR (7/22/2025, 4:04:09 PM)
22.35
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-1.06%
2 Weeks-3.66%
1 Month4.05%
3 Month-3.93%
6 Month-13.91%
12 Month34.72%
2 Year23.21%
3 Year14.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.08%
ATR Inc-23.47%
Range Today0.29
ADR(20)0.65
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.89
Mansfield-0.47
10 Day High23.49
10 Day Low21.68
20 Day High23.74
20 Day Low21.02
52 Week High27.14
52 Week Low16.57
CS1 End21.69
CR1 Start22.36
Volume & EV
DER(3)-4.9%
DER(5)-3.56%
Volume11.22K
Volume Incr-74.33%
Vol(5)10.80K
Vol(50)26.20K