HARMONIC INC (HLIT) Stock Technical Analysis
NASDAQ:HLIT - Nasdaq - US4131601027 - Common Stock - Currency: USD
Taking everything into account, HLIT scores 0 out of 10 in our technical rating. HLIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, HLIT is a bad performer in the overall market: 82% of all stocks are doing better.
HLIT is one of the lesser performing stocks in the Communications Equipment industry. 86% of 52 stocks in the same industry do better.
HLIT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
HLIT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HLIT has an average volume of 1033470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of HLIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.09
14.81
When analyzing the support we notice one important area.
- Support @9.18 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.95 to 11.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.81 to 12.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.07 from a trend line in the weekly time frame.
- Resistance @14.66 from a horizontal line 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
CRS18.33
Mansfield-1.85
10 Day High11.85
10 Day Low10.91
20 Day High12.79
20 Day Low10.91
52 Week High15.46
52 Week Low9.1
Performance
1 Week1.09%
2 Weeks-3.81%
1 Month-10.61%
3 Month-6.71%
6 Month-20.46%
12 Month-18.65%
2 Year-15.69%
3 Year19.44%
5 Year81.11%
10 Year42.38%
15 Year69.51%
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)-0.03
RSI(14)30.24
LBB10.72
UBB12.24
HARMONIC INC
NASDAQ:HLIT (2/11/2025, 12:02:48 PM)
9.74
-1.38 (-12.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-12.41%
1 Week1.09%
2 Weeks-3.81%
1 Month-10.61%
3 Month-6.71%
6 Month-20.46%
12 Month-18.65%
2 Year-15.69%
3 Year19.44%
5 Year81.11%
10 Year42.38%
15 Year69.51%
Volatility
ATR(14)0.33
ATR(20)%2.92%
ATR Inc-21.07%
Range Today1.57
ADR(20)0.31
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.33
Mansfield-1.85
10 Day High11.85
10 Day Low10.91
20 Day High12.79
20 Day Low10.91
52 Week High15.46
52 Week Low9.1
CS1 End11.09
CR1 Start11.13
Volume & EV
DER(3)2.01%
DER(5)-0.31%
Volume4.15M
Volume Incr35.74%
Vol(5)1.37M
Vol(50)1.03M