HANESBRANDS INC (HBI)

US4103451021 - Common Stock

8.23  +0.13 (+1.6%)

After market: 8.23 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to HBI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HBI is showing a nice and steady performance.

In the last month HBI has a been trading in the 7.89 - 9.10 range, which is quite wide. It is currently trading near the lows of this range.
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 HBI is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, HBI also shows a nice and consistent pattern of rising prices.
HBI is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 85% of 50 stocks in the same industry.
HBI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HBI is performing more or less in line with the market.
HBI has an average volume of 6108150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HBI Weekly chart
HBI Daily chart
Setup Rating and Analysis

7

HBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.09, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.35

9.01

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 7.82 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.40 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @8.92 from a horizontal line in the daily time frame.
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
CRS94.39
Mansfield2.92
10 Day High8.81
10 Day Low7.89
20 Day High9.1
20 Day Low7.89
52 Week High9.1
52 Week Low3.88
Performance
1 Week-5.51%
2 Weeks-2.6%
1 Month0.49%
3 Month17.91%
6 Month65.93%
12 Month94.56%
2 Year29.4%
3 Year-50.78%
5 Year-44.58%
10 Year-70.51%
15 Year36.54%
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)-0.1
RSI(14)47.94
LBB8.1
UBB8.87
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
8.467.880.58 (6.86%)14.58%
An entry @8.46. This is a Buy Stop order right above the 10 day moving average.An exit @7.88. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.58 points, which is 6.86%.For a 1.00% total portfolio risk, you can invest 14.58% of your capital in this trade.

  • 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.
HBI Daily chart

HANESBRANDS INC

NYSE:HBI (12/20/2024, 10:08:55 PM)

After market: 8.23 0 (0%)

8.23

+0.13 (+1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.6%
1 Week-5.51%
2 Weeks-2.6%
1 Month0.49%
3 Month17.91%
6 Month65.93%
12 Month94.56%
2 Year29.4%
3 Year-50.78%
5 Year-44.58%
10 Year-70.51%
15 Year36.54%
Volatility
ATR(14)0.34
ATR(20)%4.32%
ATR Inc39.5%
Range Today0.47
ADR(20)0.34
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.39
Mansfield2.92
10 Day High8.81
10 Day Low7.89
20 Day High9.1
20 Day Low7.89
52 Week High9.1
52 Week Low3.88
CS1 End8.09
CR1 Start8.92
Volume & EV
DER(3)2.62%
DER(5)2.28%
Volume21.48M
Volume Incr57.55%
Vol(5)8.98M
Vol(50)6.11M