HARBORONE BANCORP INC (HONE) Stock Technical Analysis
NASDAQ:HONE - US41165Y1001 - Common Stock
12.62 USD
+0.1 (+0.8%)
12.86 USD
+0.24 (+1.9%)
Overall HONE gets a technical rating of 8 out of 10. Although HONE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
HONE is one of the lesser performing stocks in the Banks industry. 72% of 393 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
HONE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HONE is lagging the market slightly.
In the last month HONE has a been trading in the 11.52 - 12.71 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, HONE outperforms 46% of them, which is more or less in line with the market.
Although HONE has an excellent technical rating, it does not offer a high 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
9.11
12.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.94 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.96 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.20 from a horizontal line in the weekly time frame.
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 HONE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HONE is up. |
| ChartMill Relative Strength | 46.58 | NEUTRAL | HONE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HONE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HONE is above 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) | 63.66 | NEUTRAL | The RSI value for HONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HONE has a positive trend. |
| Stochastics (14,3) | 91.96 | OVERBOUGHT | The high Stochastics value suggests HONE may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for HONE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for HONE 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)
12.62
+0.1 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.8%
1 Week4.3%
2 Weeks3.87%
1 Month4.9%
3 Month10.9%
6 Month8.89%
12 Month-4.39%
2 Year26.58%
3 Year-7.48%
5 Year45.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.08%
ATR Inc11.16%
Range Today0.37
ADR(20)0.25
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.58
Mansfield-0.24
10 Day High12.72
10 Day Low11.87
20 Day High12.72
20 Day Low11.52
52 Week High13.73
52 Week Low8.89
CS1 End12.28
CR1 StartN/A
Volume & EV
DER(3)2.45%
DER(5)1.31%
Volume432.00K
Volume Incr6.3%
Vol(5)213.00K
Vol(50)243.17K