HERITAGE GLOBAL INC (HGBL)

US42727E1038 - Common Stock

1.61  -0.02 (-1.23%)

Technical Rating and Analysis

0

Taking everything into account, HGBL scores 0 out of 10 in our technical rating. HGBL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HGBL is a bad performer in the overall market: 90% of all stocks are doing better.
HGBL is one of the lesser performing stocks in the Capital Markets industry. 86% of 218 stocks in the same industry do better.
HGBL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HGBL has a been trading in the 1.58 - 1.74 range, which is quite wide. It is currently trading near the lows of this range.
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. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.60, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.55

2.42

When analyzing the support we notice one important area.

  • A support zone ranging from 1.57 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 1.65 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.08 from a trend line in the weekly time frame.
  • Resistance @2.40 from a trend 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
CRS10.19
Mansfield-3.94
10 Day High1.74
10 Day Low1.58
20 Day High1.74
20 Day Low1.58
52 Week High3.09
52 Week Low1.52
Performance
1 Week0%
2 Weeks-5.29%
1 Month-4.73%
3 Month-13.44%
6 Month-31.49%
12 Month-45.05%
2 Year-32.92%
3 Year6.62%
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)44.62
LBB1.57
UBB1.69
HGBL Daily chart

HERITAGE GLOBAL INC

NASDAQ:HGBL (11/21/2024, 8:00:01 PM)

1.61

-0.02 (-1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.23%
1 Week0%
2 Weeks-5.29%
1 Month-4.73%
3 Month-13.44%
6 Month-31.49%
12 Month-45.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%3.45%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.74
10 Day Low1.58
20 Day High1.74
20 Day Low1.58
52 Week High3.09
52 Week Low1.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume36.80K
Volume Incr-6.24%
Vol(5)53.72K
Vol(50)62.32K