Technical Analysis for HLIT - Harmonic Inc.

Grade Last Price % Change Price Change
D 11.63 -0.34% -0.04
HLIT closed down 0.34 percent on Friday, May 17, 2024, on 54 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Up

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Crossed Above 50 DMA Bullish -0.34%
Expansion Pivot Buy Setup Bullish Swing Setup -0.34%
Wide Bands Range Expansion -0.34%
200 DMA Support Bullish 2.92%
MACD Bullish Centerline Cross Bullish 2.92%

   Recent Intraday Alerts

Alert Time
Down 1% about 21 hours ago
Possible NR7 about 21 hours ago
Possible Inside Day about 21 hours ago
60 Minute Opening Range Breakdown 1 day ago
Fell Below 50 DMA 1 day ago

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Profile

Harmonic Inc. Description

Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions to create, prepare, and deliver broadcast and on-demand video services for televisions, personal computers, tablets and mobile devices in the United States and internationally. The company offers video production platforms and playout solutions, such as video servers used by broadcasters, content owners, and multi-channel network operators to create and play-to-air television channels; video-optimized storage that provides storage capacity and access bandwidth to support media production applications comprising video editing, content transformation, and media library management; and media applications, which provide integrated media management and workflow control over content stored on its systems. It also provides video processing solutions, including broadcast encoders; contribution and distribution encoders; stream processing and statistical multiplexing solutions; content preparation and delivery for multi-screen applications; decoders and descramblers; and management and control software. In addition, the company offers edge products that integrate routing, multiplexing, scrambling, and modulation into a single package; optical transmitters and amplifiers, which operates at various optical wavelengths and serves long-haul and local transport applications in the cable distribution network; optical nodes to support network architectures for bandwidth delivered to a service area; and return path transmitters that support two-way transmission capabilities. Further, it provides technical support and professional services, such as maintenance and support; and consulting, implementation, and integration services. The company sells its products to cable, satellite and telco, and broadcast and media companies through direct sales force, independent distributors, and integrators. Harmonic Inc. was founded in 1988 and is headquartered in San Jose, California.


Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Information And Communications Technology Mobile Devices Distribution Network Computer Network Digital Television Network Architecture Video Services Infrastructure Products Media Network Operators Flow Control Control Software Multiplexing Media Applications Broadcast Engineering Media Management On Demand Video Services Video Processing

Is HLIT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.425
52 Week Low 8.8
Average Volume 1,893,649
200-Day Moving Average 11.27
50-Day Moving Average 11.61
20-Day Moving Average 10.66
10-Day Moving Average 11.27
Average True Range 0.43
RSI (14) 59.84
ADX 30.53
+DI 32.57
-DI 18.82
Chandelier Exit (Long, 3 ATRs) 10.82
Chandelier Exit (Short, 3 ATRs) 10.39
Upper Bollinger Bands 12.36
Lower Bollinger Band 8.95
Percent B (%b) 0.79
BandWidth 31.95
MACD Line 0.09
MACD Signal Line -0.10
MACD Histogram 0.1908
Fundamentals Value
Market Cap 1.31 Billion
Num Shares 112 Million
EPS 0.72
Price-to-Earnings (P/E) Ratio 16.15
Price-to-Sales 2.53
Price-to-Book 3.53
PEG Ratio -0.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.94
Resistance 3 (R3) 11.93 11.83 11.89
Resistance 2 (R2) 11.83 11.75 11.83 11.87
Resistance 1 (R1) 11.73 11.70 11.68 11.73 11.85
Pivot Point 11.62 11.62 11.60 11.62 11.62
Support 1 (S1) 11.52 11.54 11.47 11.53 11.41
Support 2 (S2) 11.42 11.49 11.42 11.39
Support 3 (S3) 11.32 11.42 11.37
Support 4 (S4) 11.32