H&R BLOCK INC (HRB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HRB - US0936711052 - Common Stock
Overall HRB gets a technical rating of 1 out of 10. HRB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HRB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.59, a Stop Loss order could be placed below this zone.
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40.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.85 to 43.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 41.24 to 41.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 43.78 to 43.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.17 to 48.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.15 from a trend line in the daily time frame.
- A resistance zone ranging from 52.13 to 52.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @54.66 from a horizontal line in the daily time frame.
- Resistance @64.46 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 | DOWN | NEGATIVE | The long term trend for HRB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HRB is down. |
| ChartMill Relative Strength | 18.24 | NEGATIVE | HRB has a low relative strength, it was outperformed by 81.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HRB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HRB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HRB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for HRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests HRB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.58 | NEUTRAL | The Stochastics value for HRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HRB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for HRB suggests a weak or negative trend. |
43.65
-0.12 (-0.27%)
H&R BLOCK INC / HRB FAQ
What is the technical rating for HRB stock?
ChartMill assigns a technical rating of 1 / 10 to HRB.
What is the current trend direction of H&R BLOCK INC (HRB) stock?
The current trend direction for H&R BLOCK INC (HRB) is Bearish.
What is the RSI signal for H&R BLOCK INC (HRB) stock?
H&R BLOCK INC (HRB) has an RSI value of 48.7989. This indicates that the stock is currently neutral.
What is the MACD signal for H&R BLOCK INC (HRB) stock?
The MACD indicator for H&R BLOCK INC (HRB) has a value of 0.335659, indicating a bearish trend.
Can you provide the buy/sell signal for H&R BLOCK INC?
The buy/sell signal for H&R BLOCK INC (HRB) is sell as both the short term and long term trends are negative.