H&R BLOCK INC (HRB) Technical Analysis
NYSE:HRB • US0936711052
Current stock price
HRB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to HRB. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HRB is a bad performer in the overall market: 91% of all stocks are doing better.
- HRB is one of the lesser performing stocks in the Diversified Consumer Services industry. 62% of 73 stocks in the same industry do better.
- HRB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HRB is lagging the market.
- In the last month HRB has a been trading in the 28.37 - 32.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HRB has an average volume of 2521020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HRB Weekly and Daily overview Charts
HRB Setup Rating and Analysis
Although the technical rating is bad, HRB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
HRB Support and Resistance Analysis
28.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.39 to 30.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.34 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 32.26 to 32.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.88 to 39.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.15 from a trend line in the weekly time frame.
- Resistance @52.13 from a horizontal line in the daily time frame.
- Resistance @64.46 from a horizontal line in the weekly time frame.
HRB 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 | 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 | 9.86 | NEGATIVE | HRB has a low relative strength, it was outperformed by 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRB is below 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) | 41.16 | NEUTRAL | The RSI value for HRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests HRB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.63 | NEUTRAL | The Stochastics value for HRB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for HRB suggests some volalility. |
| Average Directional Index/ADX (14) | 42.08 | POSITIVE | The high ADX value value for HRB suggests a strong trend. |
HRB Chart- and CandleStick Pattern Analysis
HRB Technicals: Chart, Performance Metrics, Trend & Indicators
30.62
+0.11 (+0.36%)
H&R BLOCK INC / HRB TA FAQ
What is the technical rating for HRB stock?
ChartMill assigns a technical rating of 1 / 10 to HRB.
What is the trend direction for 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 41.1584. This indicates that the stock is currently neutral.
What is the MACD signal for HRB stock?
The MACD indicator for H&R BLOCK INC (HRB) has a value of 0.327681, indicating a bearish trend.
What is the short term momentum for HRB stock?
The short term momentum for H&R BLOCK INC (HRB) is negative.