HOPE BANCORP INC (HOPE) Stock Technical Analysis
NASDAQ:HOPE - Nasdaq - US43940T1097 - Common Stock - Currency: USD
Taking everything into account, HOPE scores 0 out of 10 in our technical rating. HOPE'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, HOPE is a bad performer in the overall market: 78% of all stocks are doing better.
HOPE is part of the Banks industry. There are 405 other stocks in this industry, of which 91% are performing better than HOPE.
HOPE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HOPE has a been trading in the 10.87 - 12.63 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of HOPE 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
10.79
12.55
2 important resistance areas can be observed.
- A resistance zone ranging from 11.34 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.93 to 12.43. 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
CRS22.42
Mansfield-1.43
10 Day High11.78
10 Day Low10.87
20 Day High12.63
20 Day Low10.87
52 Week High14.54
52 Week Low9.8
Performance
1 Week-4.13%
2 Weeks-7.78%
1 Month-9.92%
3 Month-21.13%
6 Month-15.11%
12 Month0%
2 Year-14.91%
3 Year-35.73%
5 Year-10.73%
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)31.4
LBB10.92
UBB11.97
10.9
-0.23 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.07%
1 Week-4.13%
2 Weeks-7.78%
1 Month-9.92%
3 Month-21.13%
6 Month-15.11%
12 Month0%
2 Year-14.91%
3 Year-35.73%
5 Year-10.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.01%
ATR Inc13.54%
Range Today0.38
ADR(20)0.3
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.42
Mansfield-1.43
10 Day High11.78
10 Day Low10.87
20 Day High12.63
20 Day Low10.87
52 Week High14.54
52 Week Low9.8
CS1 EndN/A
CR1 Start11.34
Volume & EV
DER(3)1.06%
DER(5)2.2%
Volume572.60K
Volume Incr-33.91%
Vol(5)521.64K
Vol(50)704.31K