HopFed Bancorp, Inc. ($HFBC) vs Trustmark Corporation ($TRMK)

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Banks industry are trading: HopFed Bancorp, Inc. and Trustmark Corporation. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, HopFed Bancorp, Inc. opened at 19.22, got to a maximum price of 19.57 and dropped to as low as 19.21 before finishing the session at 19.53. In total there were 14200.0 shares traded, which is enough to conduct our analysis. Compare that now to Trustmark Corporation, which opened at 34.55, had a high of 34.61, a low of 34.25, closed at 34.45 and had a total volume of 236300.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator HopFed Bancorp, Inc. Trustmark Corporation
Accumulation-distribution index 39.796 413.15289
on-balance volume -19.15 -34.01
chaikin money flow

1.05714 11.0
force index

0.5452 1.19
ease of movement rating

0.00603 0.01507
volume-price trend

-0.18504 0.8304
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator HopFed Bancorp, Inc. Trustmark Corporation
Average true range 0.12719 0.41738
Bolinger bands 19.51169 34.95568
Upper bollinger band 18.57831 32.77242
Lower bollinger band

19.21 34.25
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

19.33333 34.47
High band keltner channel

18.98333 34.41
Low band keltner channel

19.68333 34.53
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

19.21 34.25
Donchain channel low band

19.21 34.25
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator HopFed Bancorp, Inc. Trustmark Corporation
Moving Average Convergence Divergence (MACD) trend_macd -0.01732
MACD signal -0.00411 -0.00962
MACD difference -0.00329 -0.0077
fast Exponential Moving Average (EMA) indicator

19.21 34.25
slow Exponential Moving Average (EMA) indicator

19.21 34.25
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.01254 0.27406

-0.28223 2.58196
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

0.18837 -0.80664
KST Oscillator (KST)

-9.71051 24.11956
KST Oscillator (KST Signal)

-9.71051 24.11956
KST difference

-4.25294 -5.7702
Ichimoku rating

19.395 34.58
Ichimoku B rating

19.395 34.58
Ichimoku visual trend A

19.51587 33.942
Ichimoku visual trend B

19.43898 34.0709
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator HopFed Bancorp, Inc. Trustmark Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 26.10487 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

50.0 72.89089
stochastic oscillator

102.85714 600.0
stochastic oscillator signal

102.85714 600.0
Williams %R rating

2.85714 500.0
awesome oscillator

-0.003 -0.08033

RETURNS: That’s all for technical analysis. Now let’s just list the returns for HopFed Bancorp, Inc. and Trustmark Corporation.

Daily return -0.97105 2.41196
Daily log return -1.73278 -2.27951
Cumulative return -1.71786 -2.25372

So there you have it: our deep, grueling analysis comparing HopFed Bancorp, Inc. and Trustmark Corporation together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s HopFed Bancorp, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether HFBC is strong or weak. Again – this is not a reliable indication of whether HopFed Bancorp, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Trustmark Corporation

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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