HERITAGE GLOBAL INC (HGBL)

US42727E1038 - Common Stock

1.7  0 (0%)

Technical Rating and Analysis

2

Taking everything into account, HGBL scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HGBL was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% of all other stocks performed better in the past year than HGBL.
HGBL is part of the Capital Markets industry. There are 220 other stocks in this industry, of which 80% are performing better than HGBL.
HGBL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HGBL has a been trading in the 1.69 - 1.83 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HGBL Weekly chart
HGBL Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, HGBL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HGBL 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

1.56

2.04

We found 2 important support areas.

  • A support zone ranging from 1.62 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 1.58 to 1.58. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.72 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.95 from a trend line in the weekly time frame.
  • Resistance @2.02 from a trend line in the weekly 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
CRS16.83
Mansfield-3.27
10 Day High1.8
10 Day Low1.69
20 Day High1.83
20 Day Low1.69
52 Week High3.09
52 Week Low1.52
Performance
1 Week-1.73%
2 Weeks-2.86%
1 Month2.41%
3 Month3.34%
6 Month-30.89%
12 Month-38.85%
2 Year-27.66%
3 Year-9.09%
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)-0.01
RSI(14)47.45
LBB1.69
UBB1.76
HGBL Daily chart

HERITAGE GLOBAL INC

NASDAQ:HGBL (12/26/2024, 8:19:44 PM)

1.7

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0%
1 Week-1.73%
2 Weeks-2.86%
1 Month2.41%
3 Month3.34%
6 Month-30.89%
12 Month-38.85%
2 Year-27.66%
3 Year-9.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.49%
ATR Inc-17.8%
Range Today0.05
ADR(20)0.06
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.83
Mansfield-3.27
10 Day High1.8
10 Day Low1.69
20 Day High1.83
20 Day Low1.69
52 Week High3.09
52 Week Low1.52
CS1 End1.62
CR1 Start1.72
Volume & EV
DER(3)4.82%
DER(5)3.44%
Volume103.50K
Volume Incr38.51%
Vol(5)85.73K
Vol(50)62.04K