HANMI FINANCIAL CORPORATION (HAFC)

US4104952043 - Common Stock

23.65  -0.15 (-0.63%)

Technical Rating and Analysis

6

Taking everything into account, HAFC scores 6 out of 10 in our technical rating. In the last year, HAFC was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month HAFC has a been trading in the 23.03 - 27.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
HAFC is one of the better performing stocks in the Banks industry, it outperforms 89% of 407 stocks in the same industry.
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 comparing the yearly performance of all stocks, we notice that HAFC is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
HAFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HAFC is lagging the market.
Weekly and Daily overview Charts
HAFC Weekly chart
HAFC Daily chart
Setup Rating and Analysis

3

HAFC has an average technical rating and it also 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.

Support and Resistance Analysis

15.49

27.11

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 23.37 to 23.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.27 from a trend line in the weekly time frame.
  • Support @20.31 from a trend line in the daily time frame.
  • Support @18.03 from a horizontal line in the daily time frame.
  • Support @15.65 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @23.66 from a trend line in the daily time frame.
  • A resistance zone ranging from 26.55 to 26.84. 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
CRS87.22
Mansfield1.6
10 Day High26.7
10 Day Low23.03
20 Day High27.4
20 Day Low23.03
52 Week High27.59
52 Week Low14.45
Performance
1 Week-6.45%
2 Weeks-7.82%
1 Month-11.33%
3 Month29.07%
6 Month42.34%
12 Month22.68%
2 Year-3.84%
3 Year0.51%
5 Year19.03%
10 Year9.12%
15 Year1883.33%
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)-0.41
RSI(14)41.07
LBB22.77
UBB27.33
HAFC Daily chart

HANMI FINANCIAL CORPORATION

NASDAQ:HAFC (12/26/2024, 10:54:52 AM)

23.65

-0.15 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.63%
1 Week-6.45%
2 Weeks-7.82%
1 Month-11.33%
3 Month29.07%
6 Month42.34%
12 Month22.68%
2 Year-3.84%
3 Year0.51%
5 Year19.03%
10 Year9.12%
15 Year1883.33%
Volatility
ATR(14)0.88
ATR(20)%3.68%
ATR Inc-27.47%
Range Today0.2
ADR(20)0.87
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.22
Mansfield1.6
10 Day High26.7
10 Day Low23.03
20 Day High27.4
20 Day Low23.03
52 Week High27.59
52 Week Low14.45
CS1 End23.66
CR1 Start26.55
Volume & EV
DER(3)-2.09%
DER(5)-0.11%
Volume9.13K
Volume Incr86.78%
Vol(5)309.70K
Vol(50)215.79K