HANOVER BANCORP INC/NY (HNVR)

US4107102067 - Common Stock

16.5  0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to HNVR. In the past year, HNVR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

78% of all other stocks performed better in the past year than HNVR.
HNVR is part of the Banks industry. There are 411 other stocks in this industry, of which 90% are performing better than HNVR.
Warning: HNVR has an average volume of 6680 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
HNVR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
HNVR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HNVR is lagging the market.
Weekly and Daily overview Charts
HNVR Weekly chart
HNVR Daily chart
Setup Rating and Analysis

8

HNVR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HNVR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

15.95

18.89

When analyzing the support we notice one important area.

  • A support zone ranging from 16.11 to 16.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 16.51 to 16.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @17.36 from a trend line in the weekly time frame.
  • Strong resistance @17.82 from a horizontal line in the daily time frame.
  • Resistance @18.16 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 18.66 to 18.70. 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
CRS22.28
Mansfield-1.73
10 Day High16.7
10 Day Low15.17
20 Day High17.12
20 Day Low15.17
52 Week High18.86
52 Week Low13.62
Performance
1 Week0%
2 Weeks-0.66%
1 Month2.29%
3 Month-6.25%
6 Month-7.82%
12 Month-8.69%
2 Year-19.55%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)58.38
LBB16.26
UBB16.79
HNVR Daily chart

HANOVER BANCORP INC/NY

NASDAQ:HNVR (5/17/2024, 7:04:19 PM)

16.5

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week0%
2 Weeks-0.66%
1 Month2.29%
3 Month-6.25%
6 Month-7.82%
12 Month-8.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.39%
ATR Inc
Range Today0.1
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 High16.7
10 Day Low15.17
20 Day High17.12
20 Day Low15.17
52 Week High18.86
52 Week Low13.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.20K
Volume Incr-44.92%
Vol(5)5.12K
Vol(50)6.68K