Honat Bancorp Stock Technical Analysis

HONT Stock  USD 115.50  1.00  0.86%   
As of the 25th of April, Honat Bancorp retains the Variance of 0.0809, risk adjusted performance of (0.03), and Mean Deviation of 0.0954. Honat Bancorp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate ten technical drivers for Honat Bancorp, which can be compared to its competitors. Please check out Honat Bancorp maximum drawdown to decide if Honat Bancorp is priced fairly, providing market reflects its last-minute price of 115.5 per share. Given that Honat Bancorp has maximum drawdown of 2.56, we strongly advise you to confirm Honat Bancorp's regular market performance to make sure the company can sustain itself at a future point.

Honat Bancorp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Honat, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Honat
  
Honat Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Honat Bancorp technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Honat Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Honat Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Honat Bancorp Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Honat Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Honat Bancorp Trend Analysis

Use this graph to draw trend lines for Honat Bancorp. You can use it to identify possible trend reversals for Honat Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Honat Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Honat Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Honat Bancorp applied against its price change over selected period. The best fit line has a slop of    , which means Honat Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Honat Bancorp price change compared to its average price change.

About Honat Bancorp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Honat Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Honat Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Honat Bancorp price pattern first instead of the macroeconomic environment surrounding Honat Bancorp. By analyzing Honat Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Honat Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Honat Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.

Honat Bancorp April 25, 2024 Technical Indicators

Most technical analysis of Honat help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Honat from various momentum indicators to cycle indicators. When you analyze Honat charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honat Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Honat Pink Sheet analysis

When running Honat Bancorp's price analysis, check to measure Honat Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honat Bancorp is operating at the current time. Most of Honat Bancorp's value examination focuses on studying past and present price action to predict the probability of Honat Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honat Bancorp's price. Additionally, you may evaluate how the addition of Honat Bancorp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Honat Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honat Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honat Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.