HERITAGE COMMERCE CORP (HTBK) Technical Analysis
NASDAQ:HTBK • US4269271098
Current stock price
HTBK Technical Rating and Analysis
Overall HTBK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HTBK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HTBK did better than 84% of all other stocks. On top of that, HTBK also shows a nice and consistent pattern of rising prices.
- HTBK is part of the Banks industry. There are 380 other stocks in this industry. HTBK outperforms 85% of them.
- HTBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HTBK has a been trading in the 11.90 - 13.49 range, which is quite wide. It is currently trading near the high of this range.
HTBK Weekly and Daily overview Charts
HTBK Setup Rating and Analysis
Although HTBK has an excellent technical rating, it does not offer a high quality setup 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
HTBK Support and Resistance Analysis
10.57
3 important support areas can be observed.
- A support zone ranging from 12.39 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.00 to 12.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.68 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.71 to 13.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
HTBK 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 | UP | POSITIVE | The long term trend for HTBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTBK is up. |
| ChartMill Relative Strength | 84.6 | POSITIVE | HTBK has a high relative strength, it outperformed 84.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HTBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.29 | NEUTRAL | The RSI value for HTBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HTBK has a positive trend. |
| Stochastics (14,3) | 92.83 | OVERBOUGHT | The high Stochastics value suggests HTBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for HTBK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for HTBK suggests a weak or negative trend. |
HTBK Chart- and CandleStick Pattern Analysis
HTBK Technicals: Chart, Performance Metrics, Trend & Indicators
13.37
-0.09 (-0.67%)
HERITAGE COMMERCE CORP / HTBK TA FAQ
Can you provide the ChartMill technical rating for HERITAGE COMMERCE CORP?
ChartMill assigns a technical rating of 10 / 10 to HTBK.
Can you provide the trend direction for HERITAGE COMMERCE CORP?
The current trend direction for HERITAGE COMMERCE CORP (HTBK) is Bullish.
What is the RSI signal for HTBK stock?
HERITAGE COMMERCE CORP (HTBK) has an RSI value of 67.287. This indicates that the stock is currently neutral.
What is the MACD signal for HTBK stock?
The MACD indicator for HERITAGE COMMERCE CORP (HTBK) has a value of 0.140878, indicating a bearish trend.
Can you provide the short term momentum for HERITAGE COMMERCE CORP?
The short term momentum for HERITAGE COMMERCE CORP (HTBK) is positive.