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Archive - 9/11/2026 - Sign In to see current Signals. |
Block H&R (HRB) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Block H&R (HRB). During the week, the HRB dropped -3.94 points, or -8.03%, and closed at 45.12 on Friday, September 11, 2026. Weekly volume was -13% below average.
Long-term trend: [See HRB long-term trend chart] A long-term downtrend had started on August 16, 2024 at 68.45 and reached 28.16 on February 12, 2026. HRB lost 40.29 points, or 58.86%, in 77 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 14.98 and resistance is at 57.49. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See HRB medium-term trend chart] A medium-term uptrend had started on February 12, 2026 at 28.16 and reached 58.67 on August 12, 2026. HRB gained -30.51 points, or -108.35%, in 25 weeks. The price is now at the 44.41% retracement level.
Weekly Technical Indicators: [See HRB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See HRB short-term trend chart] A short-term downtrend had started on August 24, 2026 at 54.74 and reached 44.32 on September 10, 2026. HRB lost 10.42 points, or 19.04%, in 17 days. The price is now at the 7.68% retracement level.
Daily Technical Indicators: [See HRB daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily 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 daily MACD line is below its signal line since August 26, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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