HIGH LINER FOODS INC (HLF.CA) Stock Technical Analysis
TSX:HLF - Toronto Stock Exchange - CA4296951094 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to HLF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HLF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HLF is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, HLF also shows a nice and consistent pattern of rising prices.
HLF is one of the better performing stocks in the Food Products industry, it outperforms 86% of 16 stocks in the same industry.
HLF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HLF has a been trading in the 15.19 - 16.34 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HLF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.89, a Stop Loss order could be placed below this zone.
More info and screens
12.88
16.42
3 important support areas can be observed.
- A support zone ranging from 15.07 to 15.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.50 from a trend line in the weekly time frame.
- Support @13.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.05 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.32
Mansfield0.72
10 Day High16.34
10 Day Low15.75
20 Day High16.34
20 Day Low15.19
52 Week High16.34
52 Week Low12.25
Performance
1 Week0.57%
2 Weeks-0.06%
1 Month3.36%
3 Month6.18%
6 Month18.36%
12 Month26.2%
2 Year7.32%
3 Year23%
5 Year116.96%
10 Year-39.36%
15 Year520.97%
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)53.23
LBB15.61
UBB16.35
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 |
|---|---|---|---|
| 16.27 | 15.74 | 0.53 (3.26%) | 25.00% |
| An entry @16.27. This is a Buy Stop order right above the resistance zone. | An exit @15.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 3.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of HLF. 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.
TSX:HLF (2/21/2025, 7:00:00 PM)
15.99
-0.27 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.66%
1 Week0.57%
2 Weeks-0.06%
1 Month3.36%
3 Month6.18%
6 Month18.36%
12 Month26.2%
2 Year7.32%
3 Year23%
5 Year116.96%
10 Year-39.36%
15 Year520.97%
Volatility
ATR(14)0.37
ATR(20)%2.14%
ATR Inc-14.9%
Range Today0.35
ADR(20)0.31
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.32
Mansfield0.72
10 Day High16.34
10 Day Low15.75
20 Day High16.34
20 Day Low15.19
52 Week High16.34
52 Week Low12.25
CS1 End15.89
CR1 Start16.05
Volume & EV
DER(3)1.73%
DER(5)1.15%
Volume56.26K
Volume Incr26.93%
Vol(5)25.47K
Vol(50)47.62K