HARRIS CORP DEL (HRS) Stock Technical Analysis
NYSE:HRS - New York Stock Exchange, Inc. -
Taking everything into account, HRS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HRS is showing a nice and steady performance.
In the last month HRS has a been trading in the 185.84 - 200.77 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, HRS did better than 93% of all other stocks.
HRS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HRS is lagging the market slightly.
HRS has an average volume of 1138500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, HRS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
176.11
201.40
3 important support areas can be observed.
- A support zone ranging from 189.12 to 189.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 182.65 to 185.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @177.89 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 198.22 to 199.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for HRS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HRS is neutral. |
| ChartMill Relative Strength | 93.74 | POSITIVE | HRS has a high relative strength, it outperformed 93.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HRS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for HRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.27 | NEGATIVE | The MACD value suggests HRS has a negative trend. |
| Stochastics (14,3) | 27.46 | NEUTRAL | The Stochastics value for HRS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HRS suggests some volalility. |
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)
189.13
-0.33 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week-4.1%
2 Weeks-0.77%
1 Month1.04%
3 Month18.42%
6 Month44.18%
12 Month30.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.87
ATR(20)%2.05%
ATR Inc-18.09%
Range Today3.73
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.74
Mansfield1.17
10 Day High200.73
10 Day Low187.71
20 Day High200.77
20 Day Low185.84
52 Week High200.77
52 Week Low123.24
CS1 End189.12
CR1 Start198.22
Volume & EV
DER(3)-3.49%
DER(5)-2.92%
Volume4.78M
Volume Incr64.32%
Vol(5)1.79M
Vol(50)1.14M