H&R BLOCK INC (HRB) Technical Analysis
NYSE:HRB • US0936711052
Current stock price
HRB Technical Rating and Analysis
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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, HRB is a bad performer in the overall market: 92% of all stocks are doing better.
- HRB is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, of which 69% are performing better than HRB.
- HRB is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 29.03 - 32.88 range, which is quite wide. It is currently trading near the high of this range.
- HRB has an average volume of 2705240 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. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.67. Right above this resistance zone may be a good entry point.
More info and screens
HRB Support and Resistance Analysis
28.06
When analyzing the support we notice one important area.
- Support @28.34 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 32.67 to 32.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.72 to 36.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.54 from a trend line in the weekly time frame.
- Resistance @45.74 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for HRB is neutral. |
| ChartMill Relative Strength | 8.52 | NEGATIVE | HRB has a low relative strength, it was outperformed by 91.48% 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 | MIXED | The current price of HRB is above 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) | 56.91 | 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. |
| Stochastics (14,3) | 86.72 | OVERBOUGHT | The high Stochastics value suggests HRB may be overbought. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for HRB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for HRB suggests a possible start of a new trend. |
HRB Chart- and CandleStick Pattern Analysis
HRB Technicals: Chart, Performance Metrics, Trend & Indicators
32.66
+0.48 (+1.49%)
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.
Can you provide the trend direction for H&R BLOCK INC?
The current trend direction for H&R BLOCK INC (HRB) is Bearish.
Can you provide the RSI signal for H&R BLOCK INC?
H&R BLOCK INC (HRB) has an RSI value of 56.9084. 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 0.332191, indicating a bearish trend.
Can you provide the support and resistance levels for H&R BLOCK INC?
H&R BLOCK INC (HRB) has a support level at 28.34 and a resistance level at 32.67. Check the full technical report for our detailed analysis of HRB support and resistance levels.