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Archive - 8/14/2026 - 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 third consecutive positive week for the Block H&R (HRB). During the week, the HRB gained 7.73 points, or 16.74%, and closed at 53.92 on Friday, August 14, 2026. Weekly volume was 115% above 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 16.71 and resistance is at 57.89. 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 June 22, 2026 at 33.56 and reached 58.67 on August 12, 2026. HRB gained -25.11 points, or -74.82%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (44.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.
Weekly Technical Indicators: [See HRB weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 July 22, 2026 at 38.89 and reached 58.67 on August 12, 2026. HRB gained -19.78 points, or -50.86%, in 21 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See HRB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 27, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
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