HANOVER BANCORP INC/NY (HNVR) Stock Technical Analysis
NASDAQ:HNVR - Nasdaq - US4107102067 - Common Stock
Taking everything into account, HNVR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: HNVR has an average volume of 24809 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, HNVR did better than 88% of all other stocks.
HNVR is one of the better performing stocks in the Banks industry, it outperforms 93% of 405 stocks in the same industry.
HNVR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HNVR is lagging the market slightly.
In the last month HNVR has a been trading in the 21.01 - 25.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HNVR has an excellent technical rating, it does not offer a high 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
20.76
26.11
2 important support areas can be observed.
- A support zone ranging from 22.71 to 22.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.97 to 21.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.22 to 25.85. This zone is formed by a combination of multiple trend lines 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
CRS88.04
Mansfield2.19
10 Day High24.72
10 Day Low21.01
20 Day High25.98
20 Day Low21.01
52 Week High27.14
52 Week Low13.62
Performance
1 Week15.84%
2 Weeks10.69%
1 Month-4.68%
3 Month30.44%
6 Month48.52%
12 Month37.65%
2 Year26.04%
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)0.23
RSI(14)62.26
LBB20.83
UBB24.69
HANOVER BANCORP INC/NY
NASDAQ:HNVR (1/22/2025, 10:37:21 AM)
24.63
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.04%
1 Week15.84%
2 Weeks10.69%
1 Month-4.68%
3 Month30.44%
6 Month48.52%
12 Month37.65%
2 Year26.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%4.36%
ATR Inc36.23%
Range Today0.36
ADR(20)1.04
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.04
Mansfield2.19
10 Day High24.72
10 Day Low21.01
20 Day High25.98
20 Day Low21.01
52 Week High27.14
52 Week Low13.62
CS1 End22.89
CR1 Start25.22
Volume & EV
DER(3)9.75%
DER(5)10.74%
Volume2.28K
Volume Incr-46.23%
Vol(5)15.16K
Vol(50)24.81K