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HANGER INC (HNGR) Stock Technical Analysis

NYSE:HNGR - New York Stock Exchange, Inc. - US41043F2083 - Common Stock - Currency: USD

18.72  0 (0%)

After market: 18.72 0 (0%)

Technical Rating and Analysis

9

Overall HNGR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HNGR is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
HNGR is part of the Health Care Providers & Services industry. There are 108 other stocks in this industry. HNGR outperforms 82% of them.
HNGR has an average volume of 1020300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HNGR did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
HNGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HNGR is lagging the market.
In the last month HNGR has a been trading in a tight range between 18.64 and 18.75.
Weekly and Daily overview Charts
HANGER INC / HNGR Weekly stock chart
HANGER INC / HNGR Daily stock chart
Setup Rating and Analysis

8

HNGR 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. There is a resistance zone just above the current price starting at 18.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.70, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.45

19.55

We found 1 important support area.

  • A support zone ranging from 18.64 to 18.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 18.73 to 18.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 19.36 to 19.36. This zone is formed by a combination of multiple trend lines 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
CRS89.74
Mansfield2.63
10 Day High18.75
10 Day Low18.64
20 Day High18.75
20 Day Low18.64
52 Week High22.67
52 Week Low13.42
Performance
1 Week0.16%
2 Weeks0.32%
1 Month0.11%
3 Month27.78%
6 Month2.69%
12 Month-16.2%
2 YearN/A
3 YearN/A
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)-0.04
RSI(14)68.78
LBB18.65
UBB18.74
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
18.7618.630.14 (0.72%)25.00%
An entry @18.76. This is a Buy Stop order right above the 10 day high.An exit @18.63. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.14 points, which is 0.72%.For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
HANGER INC / HNGR Daily stock chart

HANGER INC

NYSE:HNGR (9/30/2022, 8:25:44 PM)

After market: 18.72 0 (0%)

18.72

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0%
1 Week0.16%
2 Weeks0.32%
1 Month0.11%
3 Month27.78%
6 Month2.69%
12 Month-16.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.21%
ATR Inc-20%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.74
Mansfield2.63
10 Day High18.75
10 Day Low18.64
20 Day High18.75
20 Day Low18.64
52 Week High22.67
52 Week Low13.42
CS1 End18.7
CR1 Start18.73
Volume & EV
DER(3)-1.43%
DER(5)-0.99%
Volume2.38M
Volume Incr110.45%
Vol(5)889.86K
Vol(50)1.02M