HOPE BANCORP INC (HOPE)
US43940T1097 - Common Stock
We assign a technical rating of 1 out of 10 to HOPE. HOPE 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that HOPE is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HOPE is an average performer in the Banks industry, it outperforms 61% of 412 stocks in the same industry.
HOPE 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 HOPE is lagging the market slightly.
In the last month HOPE has a been trading in the 9.80 - 11.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, HOPE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
9.60
11.64
We found 1 important support area.
- Support @9.70 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.08 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.47 to 11.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.13
Mansfield-0.56
10 Day High11.1
10 Day Low9.8
20 Day High11.15
20 Day Low9.8
52 Week High12.51
52 Week Low7.46
Performance
1 Week-7.41%
2 Weeks-0.29%
1 Month-5.96%
3 Month-6.05%
6 Month6.77%
12 Month27.33%
2 Year-29.7%
3 Year-33.01%
5 Year-20.36%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)41.26
LBB9.84
UBB11.28
HOPE BANCORP INC
NASDAQ:HOPE (5/1/2024, 7:01:28 PM)
After market: 10.25 0 (0%)10.25
+0.23 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.3%
1 Week-7.41%
2 Weeks-0.29%
1 Month-5.96%
3 Month-6.05%
6 Month6.77%
12 Month27.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%3.23%
ATR Inc
Range Today0.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.1
10 Day Low9.8
20 Day High11.15
20 Day Low9.8
52 Week High12.51
52 Week Low7.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume892.80K
Volume Incr94.44%
Vol(5)1.07M
Vol(50)601.98K