HARBORONE BANCORP INC (HONE) Stock Technical Analysis
NASDAQ:HONE - Nasdaq - US41165Y1001 - Common Stock - Currency: USD
Overall HONE gets a technical rating of 3 out of 10. HONE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
69% of all other stocks performed better in the past year than HONE.
HONE is one of the lesser performing stocks in the Banks industry. 74% of 392 stocks in the same industry do better.
In the last month HONE has a been trading in the 11.52 - 12.42 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HONE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HONE is lagging the market.
HONE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
9.11
12.67
When analyzing the support we can see 2 important areas.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.96 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.54 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for HONE is down. |
| ChartMill Relative Strength | 31.9 | 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 | POSITIVE | The current price of HONE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HONE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.85 | NEUTRAL | The RSI value for HONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HONE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.01 | NEUTRAL | The Stochastics value for HONE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for HONE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for HONE suggests a possible start of a new 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)
11.77
+0.05 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.43%
1 Week-2.16%
2 Weeks-3.92%
1 Month-3.68%
3 Month2.35%
6 Month-3.29%
12 Month-3.29%
2 Year18.05%
3 Year-13.71%
5 Year36.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.3%
ATR Inc-16.19%
Range Today0.22
ADR(20)0.26
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.9
Mansfield-0.75
10 Day High12.42
10 Day Low11.52
20 Day High12.42
20 Day Low11.52
52 Week High13.73
52 Week Low8.89
CS1 End11.08
CR1 Start11.96
Volume & EV
DER(3)-2.49%
DER(5)-1.29%
Volume228.76K
Volume Incr8.84%
Vol(5)275.25K
Vol(50)315.91K