HERITAGE COMMERCE CORP (HTBK)

US4269271098 - Common Stock

9.53  -0.05 (-0.52%)

Technical Rating and Analysis

3

Overall HTBK gets a technical rating of 3 out of 10. In the last year, HTBK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

HTBK is part of the Banks industry. There are 406 other stocks in this industry, of which 75% are performing better than HTBK.
HTBK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, HTBK outperforms 50% of them, which is more or less in line with the market.
HTBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HTBK is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
HTBK Weekly chart
HTBK Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, HTBK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

7.91

10.83

2 important support areas can be observed.

  • A support zone ranging from 9.41 to 9.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 7.99 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 9.53 to 9.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.13 to 10.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 10.67 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS50.83
Mansfield-0.53
10 Day High9.95
10 Day Low9.4
20 Day High10.35
20 Day Low9.4
52 Week High10.99
52 Week Low7.66
Performance
1 Week-0.31%
2 Weeks-1.54%
1 Month-1.03%
3 Month4.59%
6 Month21.11%
12 Month14.32%
2 Year-33.01%
3 Year-20.1%
5 Year-20.3%
10 Year10.11%
15 Year262.88%
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)-0.04
RSI(14)43.99
LBB9.28
UBB10.18
HTBK Daily chart

HERITAGE COMMERCE CORP

NASDAQ:HTBK (10/10/2024, 10:55:07 AM)

9.53

-0.05 (-0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.52%
1 Week-0.31%
2 Weeks-1.54%
1 Month-1.03%
3 Month4.59%
6 Month21.11%
12 Month14.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%2.48%
ATR Inc
Range Today0.13
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 High9.95
10 Day Low9.4
20 Day High10.35
20 Day Low9.4
52 Week High10.99
52 Week Low7.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume27.19K
Volume Incr-44.9%
Vol(5)207.74K
Vol(50)395.31K