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Archive - 10/30/2026 - 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 a fourth positive week after 7 consecutive negative weeks for the Block H&R (HRB). During the week, the HRB gained 1.62 points, or 3.26%, and closed at 51.31 on Friday, October 30, 2026. Weekly volume was -15% 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 11.80 and resistance is at 56.75. 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 September 29, 2026 at 39.50 and reached 51.67 on October 30, 2026. HRB gained -12.17 points, or -30.81%, in 4 weeks. Price is near the trend high.
Weekly Technical Indicators: [See HRB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since October 16, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See HRB short-term trend chart] A short-term uptrend had started on October 28, 2026 at 46.90 and reached 51.67 on October 30, 2026. HRB gained -4.77 points, or -10.17%, in 2 days. The price is now at the 7.55% retracement level.
Daily Technical Indicators: [See HRB daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 and Williams' Percentage Range help. The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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