HEARTLAND FINANCIAL USA INC (HTLF) Stock Technical Analysis
NASDAQ:HTLF - Nasdaq - US42234Q1022 - Common Stock - Currency: USD
Taking everything into account, HTLF scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that HTLF is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by HTLF over the past year are nicely spread over this period.
HTLF is part of the Banks industry. There are 397 other stocks in this industry. HTLF outperforms 98% of them.
HTLF 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 HTLF is lagging the market slightly.
In the last month HTLF has a been trading in the 57.85 - 68.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although HTLF has an excellent technical rating, the quality of the presented setup is not ideal 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
59.60
69.75
2 important support areas can be observed.
- A support zone ranging from 62.29 to 64.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.20 to 60.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @67.82 from a horizontal line in the weekly time frame.
- Resistance @69.06 from a horizontal line in the daily time frame.
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 HTLF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HTLF is neutral. |
| ChartMill Relative Strength | 93.1 | POSITIVE | HTLF has a high relative strength, it outperformed 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HTLF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HTLF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.36 | NEUTRAL | The RSI value for HTLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests HTLF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.98 | NEUTRAL | The Stochastics value for HTLF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for HTLF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for HTLF suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.30 | 63.79 | 2.51 (3.78%) | 25.00% |
| An entry @66.30. This is a Buy Stop order right above the 10 day moving average. | An exit @63.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.51 points, which is 3.78%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HTLF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
64.67
-1.43 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.16%
1 Week-2.9%
2 Weeks0.12%
1 Month5.49%
3 Month10.23%
6 Month29.57%
12 Month88.82%
2 Year30.73%
3 Year24.29%
5 Year32.22%
10 Year134.14%
15 Year363.58%
Volatility
ATR(14)2.05
ATR(20)%3.12%
ATR Inc60.74%
Range Today3.11
ADR(20)1.97
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.1
Mansfield1.91
10 Day High68.31
10 Day Low63.8
20 Day High68.31
20 Day Low57.85
52 Week High70.27
52 Week Low32.03
CS1 End64.23
CR1 Start67.82
Volume & EV
DER(3)1.52%
DER(5)2.99%
Volume3.03M
Volume Incr299.7%
Vol(5)891.02K
Vol(50)279.00K