|
|
Archive
- 3/21/2025 -
Sign In to see current Signals. |
Hanesbrands (HBI) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Hanesbrands (HBI). During the week, the HBI gained 0.17 points, or 2.90%, and closed at 6.04 on Friday, March 21, 2025. Weekly volume was 65% above average.
HBI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See HBI long-term trend chart]
A long-term uptrend had started on September 27, 2023 at 3.54 and reached 9.10 on November 26, 2024. HBI gained -5.56 points, or -157.06%, in 60 weeks. The price is now at the 55.04% retracement level.
 Medium-term trend: [See HBI medium-term trend chart]
A medium-term downtrend had started on November 26, 2024 at 9.10 and reached 5.69 on March 7, 2025. HBI lost 3.41 points, or 37.47%, in 14 weeks. The price is now at the 10.26% retracement level.
 Weekly Technical Indicators: [See HBI weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since January 3, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See HBI short-term trend chart]
A short-term downtrend had started on January 15, 2025 at 8.84 and reached 5.69 on March 7, 2025. HBI lost 3.15 points, or 35.63%, in 51 days. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (5.68) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
 Daily Technical Indicators: [See HBI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since March 4, 2025.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|