RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HAFC
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Hanmi Financial Corporation stock price ended at $15.87 on Wednesday, after gaining 4.07%.
(Updated on Mar 27, 2024)

Buy candidate since Mar 26, 2024 Gain 4.07% PDF

The Hanmi Financial Corporation stock price gained 4.07% on the last trading day (Wednesday, 27th Mar 2024), rising from $15.25 to $15.87. During the last trading day the stock fluctuated 3.65% from a day low at $15.35 to a day high of $15.91. The price has risen in 6 of the last 10 days and is up by 3.93% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 43 thousand more shares were traded than the day before. In total, 188 thousand shares were bought and sold for approximately $2.99 million.

Given the current short-term trend, the stock is expected to fall -22.39% during the next 3 months and, with a 90% probability hold a price between $10.87 and $12.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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HAFC Signals & Forecast

The Hanmi Financial Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $15.36 and $15.24. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 8.11%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Hanmi Financial Corporation stock

Hanmi Financial Corporation finds support from accumulated volume at $15.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.560 (3.65%) between high and low. For the last week, the stock has had daily average volatility of 2.40%.

Our recommended stop-loss: $15.21 (-4.18%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (HAFC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Hanmi Financial Corporation to open at $15.71, and during the day (based on 14 day Average True Range), to move between $15.41 and $16.33, which gives a possible trading interval of +/-$0.463 (+/-2.92%) up or down from last closing price. If Hanmi Financial Corporation takes out the full calculated possible swing range there will be an estimated 5.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $15.42 (2.84%) than the resistance at $16.44 (3.59%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Hanmi Financial Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.351 Buy Candidate Unchanged

Predicted Opening Price for Hanmi Financial Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$15.71 ( 1.01%) $15.87

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HAFC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.27 2.52 %
R2 16.06 1.17 %
R1 15.92 0.340 %
Current price: 15.87
Support S1 15.50 -2.36 %
S2 15.36 -3.19 %
S3 15.15 -4.54 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.56 16.95 %
R2 16.75 5.55 %
R1 16.44 3.59 %
Current price 15.87
Support S1 15.42 -2.84%
S2 14.86 -6.36%
S3 14.85 -6.43%

HAFC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 02, 2024 Feb 22, 2024 $0.250 1.67%
2 Nov 03, 2023 Nov 03, 2023 Nov 22, 2023 $0.250 1.51%
3 Aug 06, 2023 Aug 04, 2023 Aug 23, 2023 $0.250 1.45%
4 Aug 03, 2023 May 05, 2023 May 24, 2023 $0.250 1.67%
5 Jan 26, 2023 Feb 03, 2023 Feb 23, 2023 $0.250 1.03%

FAQ

What is the symbol for Hanmi Financial Corporation Stock and on which exchange is it traded?
The symbol for Hanmi Financial Corporation is HAFC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Hanmi Financial Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Hanmi Financial Corporation Stock?
Hanmi Financial Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Hanmi Financial Corporation Stock.

What's the current price of Hanmi Financial Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Hanmi Financial Corporation (HAFC) share was $15.87.

What is the 52-week high and low for Hanmi Financial Corporation Stock?
The 52-week high for Hanmi Financial Corporation Stock is $20.31 and the 52-week low is $13.35.

What is the market capitalization of Hanmi Financial Corporation Stock?
As of the 2024-03-27, the market capitalization of Hanmi Financial Corporation is 461.573M.

When is the next earnings date for Hanmi Financial Corporation?
The upcoming earnings date for Hanmi Financial Corporation is Apr 23, 2024.
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About Hanmi Financial Corporation

Hanmi Financial Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It also provides real estate loans, such as commercial property, ... HAFC Profile

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