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Hanmi Finl Corp Down 14.0% Since SmarTrend Downtrend Call (HAFC)

By James Quinn

SmarTrend identified a Downtrend for Hanmi Finl Corp (NASDAQ:HAFC) on May 22nd, 2019 at $22.13. In approximately 4 months, Hanmi Finl Corp has returned 14.03% as of today's recent price of $19.02.

In the past 52 weeks, Hanmi Finl Corp share prices have been bracketed by a low of $17.01 and a high of $26.93 and are now at $19.00, 12% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.5%.

Hanmi Financial Corporation is the holding company for Hanmi Bank. The Bank is a business bank with its primary focus on servicing multi-ethnic small businesses in southern California. Hanmi's services include commercial small business association loans, trade finance, and consumer lending.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Hanmi Finl Corp.

Log in and add Hanmi Finl Corp (HAFC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights hanmi finl corp

Ticker(s): HAFC