Overall HTAB gets a technical rating of 2 out of 10. HTAB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, HTAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HTAB in the last couple of days, which is a good sign.
18.19
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for HTAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HTAB is neutral. |
| ChartMill Relative Strength | 35.89 | NEUTRAL | HTAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HTAB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HTAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for HTAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HTAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.88 | NEUTRAL | The Stochastics value for HTAB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for HTAB suggests low volalility. |
| Average Directional Index/ADX (14) | 11.16 | NEGATIVE | The low ADX value for HTAB suggests a weak or negative trend. |
19.23
+0.03 (+0.16%)
ChartMill assigns a technical rating of 2 / 10 to HTAB.
The current trend direction for HARTFORD SCHRODERS TAX AWARE (HTAB) is Bearish.
HARTFORD SCHRODERS TAX AWARE (HTAB) has an RSI value of 50.931. This indicates that the stock is currently neutral.
HARTFORD SCHRODERS TAX AWARE (HTAB) has a support level at 19.22 and a resistance level at 19.24. Check the full technical report for our detailed analysis of HTAB support and resistance levels.