HARBORONE BANCORP INC (HONE) Technical Analysis
NASDAQ:HONE • US41165Y1001
Current stock price
HONE Technical Rating and Analysis
Overall HONE gets a technical rating of 2 out of 10. HONE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- HONE is one of the lesser performing stocks in the Banks industry. 69% of 380 stocks in the same industry do better.
- In the last month HONE has a been trading in the 12.07 - 14.29 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, HONE turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- HONE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HONE is lagging the market slightly.
HONE Weekly and Daily overview Charts
HONE Setup Rating and Analysis
The technical rating of HONE is bad and it also does not present a quality setup 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
HONE Support and Resistance Analysis
11.97
When analyzing the support we notice one important area.
- A support zone ranging from 12.09 to 12.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.13 to 13.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HONE 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HONE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HONE is down. |
| ChartMill Relative Strength | 54.96 | NEUTRAL | HONE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HONE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HONE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HONE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.54 | NEUTRAL | The RSI value for HONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests HONE has a negative trend. |
| Stochastics (14,3) | 5.92 | OVERSOLD | The low Stochastics value suggests HONE may be oversold. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for HONE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.85 | POSITIVE | The high ADX value value for HONE suggests a strong trend. |
HONE Chart- and CandleStick Pattern Analysis
HONE Technicals: Chart, Performance Metrics, Trend & Indicators
12.1
-0.22 (-1.79%)
HARBORONE BANCORP INC / HONE TA FAQ
What is the ChartMill technical rating of HARBORONE BANCORP INC (HONE) stock?
ChartMill assigns a technical rating of 2 / 10 to HONE.
What is the current trend direction of HARBORONE BANCORP INC (HONE) stock?
The current trend direction for HARBORONE BANCORP INC (HONE) is Bearish.
What is the RSI signal for HONE stock?
HARBORONE BANCORP INC (HONE) has an RSI value of 32.5361. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HARBORONE BANCORP INC?
The short term momentum for HARBORONE BANCORP INC (HONE) is negative.