Hope Bancorp, Inc. (HOPE)

Hope Bancorp, Inc. is trading at $13.65, down 1.02% on the session. The 50 day average sits at $13.79 and the 200 day at $12.23, which puts the stock in a uptrend. RSI is at 48.4, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $13.82 with resistance near $14.03, so that band frames the current range. Average daily movement is roughly $0.23, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 77, momentum of 41 and a risk score of 84.

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and syndicated and leveraged loans services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and automated clearing house origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.