HERITAGE GLOBAL INC (HGBL) Stock Technical Analysis
NASDAQ:HGBL - Nasdaq - US42727E1038 - Common Stock - Currency: USD
Taking everything into account, HGBL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HGBL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
HGBL 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, HGBL outperforms 57% of them, which is more or less in line with the market.
HGBL is an average performer in the Capital Markets industry, it outperforms 55% of 223 stocks in the same industry.
HGBL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HGBL is lagging the market.
HGBL has an excellent technical rating and also presents a decent setup pattern. 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 very little resistance above the current price.
More info and screens
1.56
2.26
5 important support areas can be observed.
- A support zone ranging from 2.14 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.80 from a trend line in the daily time frame.
- Support @1.72 from a horizontal line in the daily time frame.
- 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.
- Support @1.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.17 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.21 to 2.24. This zone is formed by a combination of multiple trend lines 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
CRS57.68
Mansfield-0.88
10 Day High2.28
10 Day Low2.04
20 Day High2.28
20 Day Low1.86
52 Week High3.09
52 Week Low1.52
Performance
1 Week-3.59%
2 Weeks5.39%
1 Month16.85%
3 Month31.9%
6 Month11.98%
12 Month-23.49%
2 Year-14%
3 Year36.94%
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
RSI(14)62.93
LBB2
UBB2.23
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.18 | 2.13 | 0.05 (2.29%) | 25.00% |
| An entry @2.18. This is a Buy Stop order right above the resistance zone. | An exit @2.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.05 points, which is 2.29%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- The distance between exit and entry is rather small compared to the average daily movement of HGBL. Please evaluate whether better entry and exit points can be found.
- 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.
HERITAGE GLOBAL INC
NASDAQ:HGBL (2/5/2025, 3:20:57 PM)
2.16
+0.01 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.47%
1 Week-3.59%
2 Weeks5.39%
1 Month16.85%
3 Month31.9%
6 Month11.98%
12 Month-23.49%
2 Year-14%
3 Year36.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.12%
ATR Inc-18.83%
Range Today0.02
ADR(20)0.08
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.68
Mansfield-0.88
10 Day High2.28
10 Day Low2.04
20 Day High2.28
20 Day Low1.86
52 Week High3.09
52 Week Low1.52
CS1 End2.14
CR1 Start2.17
Volume & EV
DER(3)-4.27%
DER(5)-1.1%
Volume17.74K
Volume Incr-59.49%
Vol(5)34.96K
Vol(50)71.35K