HANESBRANDS INC (HBI) Stock Technical Analysis
NYSE:HBI - New York Stock Exchange, Inc. - US4103451021 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HBI. HBI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
HBI 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
HBI has an average volume of 6288030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, HBI outperforms 41% of them, which is more or less in line with the market.
HBI is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, HBI did better than 51% of them.
HBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HBI is lagging the market.
HBI has a poor technical rating and the quality of the setup is also not perfect 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
5.60
8.82
2 important support areas can be observed.
- A support zone ranging from 5.87 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.66 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @8.11 from a trend line in the weekly time frame.
- Resistance @8.42 from a trend line in the daily time frame.
- Resistance @8.73 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.31
Mansfield-1.05
10 Day High7.93
10 Day Low5.71
20 Day High8.59
20 Day Low5.71
52 Week High9.1
52 Week Low4.4
Performance
1 Week-1.76%
2 Weeks-23.06%
1 Month-28.6%
3 Month-28.1%
6 Month-2.69%
12 Month27.65%
2 Year8.1%
3 Year-60.26%
5 Year-53.63%
10 Year-80.74%
15 Year-5.28%
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)-0.17
RSI(14)26.92
LBB5.39
UBB8.74
6.14
-0.02 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.32%
1 Week-1.76%
2 Weeks-23.06%
1 Month-28.6%
3 Month-28.1%
6 Month-2.69%
12 Month27.65%
2 Year8.1%
3 Year-60.26%
5 Year-53.63%
10 Year-80.74%
15 Year-5.28%
Volatility
ATR(14)0.44
ATR(20)%6.5%
ATR Inc-58.4%
Range Today0.19
ADR(20)0.32
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.31
Mansfield-1.05
10 Day High7.93
10 Day Low5.71
20 Day High8.59
20 Day Low5.71
52 Week High9.1
52 Week Low4.4
CS1 End5.91
CR1 Start8.11
Volume & EV
DER(3)2.77%
DER(5)2.94%
Volume6.82M
Volume Incr42.64%
Vol(5)9.66M
Vol(50)6.29M