Hanmi Financial

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Cole's Reaction Day

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 26 20.5 0.31% 0.44% 5.9% -5.0% -43.4%
SHORT 26 9.2 0.42% 0.69% 3.1% -2.7% -9.1%

Summary

Technical Analysis

Hanmi Financial (HAFC)


Indicator:

COLES RALLY DAY


Last Signal:

BULLISH


Trading: BUY @ $18.39
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Hanmi Financial (NASDAQ:HAFC): Coles Rally Day (HH)



Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.

Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday


PROFILE: Hanmi Financial (HAFC)


Stock Exchange: NASDAQ
Company: Hanmi Financial
Ticker Codes: | HAFC | NASDAQ:HAFC |

About Hanmi Financial (NASDAQ:HAFC):

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, including commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, the company offers consumer loans that include automobile loans, secured and unsecured personal loans, home improvement loans, home equity lines of credit, unsecured lines of credit, and credit cards; and small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. As of January 25, 2018, it operated a network of 40 full-service branches and 8 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. The company was founded in 2000 and is headquartered in Los Angeles, California.

Top 10:

Cole's Reaction Day

Download
Company Close Change(%) Volume Value Signal
DHXM DHX Media Ltd 1.27 12.4 234,932 0 NEUTRAL
MCRB Seres Theraptc 3.31 11.4 277,629 0 NEUTRAL
MRUS Merus NV 18.55 10.3 54,425 0 NEUTRAL
TUSK Mammoth Energy Services 4.34 9.6 253,268 0 NEUTRAL
BCOM B Communications 1.34 8.1 4,721 0 NEUTRAL
NVDA Nvidia Corporation 170.94 7.1 17,914,275 0 NEUTRAL
ACRS Aclaris Therapts 0.93 6.5 1,250,572 0 NEUTRAL
NNBR Nn Inc 6.45 6.4 110,947 0 NEUTRAL
PVAC Penn Virginia Corporation 31.76 5.9 152,425 0 NEUTRAL
YRCW Yrc Worldwide 2.62 5.6 1,297,157 0 NEUTRAL