H&R BLOCK INC (HRB) Stock Technical Analysis
USA - NYSE:HRB - US0936711052 - Common Stock
Taking everything into account, HRB scores 0 out of 10 in our technical rating. HRB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
HRB has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
48.78
When analyzing the support we notice one important area.
- A support zone ranging from 49.27 to 49.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 49.96 to 52.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.66 from a horizontal line in the daily time frame.
- Resistance @58.17 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 | NEUTRAL | NEUTRAL | The short term trend for HRB is neutral. |
| ChartMill Relative Strength | 19.36 | NEGATIVE | HRB has a low relative strength, it was outperformed by 80.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HRB is below a declining 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) | 42.53 | NEUTRAL | The RSI value for HRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests HRB has a negative trend. |
| Stochastics (14,3) | 43.28 | NEUTRAL | The Stochastics value for HRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for HRB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for HRB suggests a weak or negative trend. |
49.64
-1.81 (-3.52%)
H&R BLOCK INC / HRB FAQ
What is the technical rating for HRB stock?
ChartMill assigns a technical rating of 0 / 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 42.53. 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 -0.149193, indicating a bearish trend.