H&R BLOCK INC (HRB)

US0936711052 - Common Stock

47.93  +0.28 (+0.59%)

After market: 47.93 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to HRB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HRB is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HRB is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, HRB also shows a nice and consistent pattern of rising prices.
HRB is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 84% of 65 stocks in the same industry.
HRB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HRB is performing more or less in line with the market.
HRB has an average volume of 1054280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HRB has a been trading in the 45.93 - 49.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HRB Weekly chart
HRB Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HRB also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 47.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

44.58

51.01

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 46.11 to 47.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @45.03 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @49.13 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 50.49 to 50.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.43
Mansfield0.56
10 Day High48.21
10 Day Low45.93
20 Day High49.37
20 Day Low45.93
52 Week High52.9
52 Week Low28.83
Performance
1 Week2.26%
2 Weeks3.19%
1 Month1.08%
3 Month0.4%
6 Month17.16%
12 Month41.34%
2 Year83.85%
3 Year115.32%
5 Year76.15%
10 Year68.65%
15 Year216.58%
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)0.13
RSI(14)55.06
LBB46
UBB47.95
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
49.1445.923.22 (6.55%)15.26%
An entry @49.14. This is a Buy Stop order right above the resistance zone.An exit @45.92. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 3.22 points, which is 6.55%.For a 1.00% total portfolio risk, you can invest 15.26% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HRB Daily chart

H&R BLOCK INC

NYSE:HRB (4/24/2024, 7:08:06 PM)

After market: 47.93 0 (0%)

47.93

+0.28 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.59%
1 Week2.26%
2 Weeks3.19%
1 Month1.08%
3 Month0.4%
6 Month17.16%
12 Month41.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.88
ATR(20)%2.08%
ATR Inc
Range Today0.58
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 High48.21
10 Day Low45.93
20 Day High49.37
20 Day Low45.93
52 Week High52.9
52 Week Low28.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume908.70K
Volume Incr1.5%
Vol(5)837.30K
Vol(50)1.05M