Londinia Opportunities Analyses - 12/26/2024 (GMT) HARMONIC INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	HLIT
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 13.34 USD

My targets

13.70 USD (+1.41%)

14.05 USD (+4.00%)

My analysis

The bullish trend is currently very strong on HARMONIC INC.. As long as the price remains above the support at 13.34 USD, you could try to benefit from the boom. The first bullish objective is located at 13.70 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 14.05 USD as an objective. Crossing it would then enable buyers to target 14.66 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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Additional analysis

Quotes

HARMONIC INC. rating 13.51 USD. The price registered an increase of +0.52% on the session with the lowest point at 13.36 USD and the highest point at 13.51 USD. The deviation from the price is +1.12% for the low point and 0% for the high point.

13.36

13.51

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of HARMONIC INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.10	12.71	13.34	13.51	13.70	14.05	14.66
Change (%)	-10.44%	-5.92%	-1.26%	-	+1.41%	+4.00%	+8.51%
Change	-1.41	-0.80	-0.17	-	+0.19	+0.54	+1.15
Level	Major	Major	Major	-	Intermediate	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.15	13.23	13.33	13.41	13.51	13.59	13.69
Camarilla	13.39	13.41	13.42	13.44	13.46	13.47	13.49
Woodie	13.17	13.24	13.35	13.42	13.53	13.60	13.71
Fibonacci	13.23	13.30	13.34	13.41	13.48	13.52	13.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.05	12.37	12.85	13.17	13.65	13.97	14.45
Camarilla	13.10	13.17	13.25	13.32	13.39	13.47	13.54
Woodie	12.12	12.41	12.92	13.21	13.72	14.01	14.52
Fibonacci	12.37	12.68	12.87	13.17	13.48	13.67	13.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.46	10.14	11.48	12.16	13.50	14.18	15.52
Camarilla	12.27	12.45	12.64	12.82	13.01	13.19	13.38
Woodie	9.79	10.31	11.81	12.33	13.83	14.35	15.85
Fibonacci	10.14	10.91	11.39	12.16	12.93	13.41	14.18

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	58.65
MACD (12,26,9):	0.0500
Directional Movement:	-1.17
AROON (14):	71.43
DEMA (21):	13.41
Parabolic SAR (0,02-0,02-0,2):	13.16
Elder Ray (13):	0.05
Super Trend (3,10):	13.10
Zig ZAG (10):	13.48
VORTEX (21):	1.0500
Stochastique (14,3,5):	92.89
TEMA (21):	13.46
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.29
Repulse (5,40,3):	1.0600
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.88

MA7:	13.27
MA20:	13.09
MA50:	12.88
MA100:	13.37
MAexp7:	13.44
MAexp20:	13.35
MAexp50:	13.29
MAexp100:	13.15
Price / MA7:	+1.81%
Price / MA20:	+3.21%
Price / MA50:	+4.89%
Price / MA100:	+1.05%
Price / MAexp7:	+0.52%
Price / MAexp20:	+1.20%
Price / MAexp50:	+1.66%
Price / MAexp100:	+2.74%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on HARMONIC INC. at the time of the analysis were as follows: