Red List

HLITHarmonic Inc.

Technology · Communication Equipment · small-cap ($1.2B)
-30.0%
from rolling 252-day high of $17.68 set 2026-05-28 · 84d ago
Current
$12.37
Decline depth
-30.0%
Decline σ
4.5σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$HLIT landed on the list 2026-03-22, down 24.0% from its 52-week high that day — now down -30.0%.

It has clawed back 26.4 percentage points off that level. It bottomed 27.3% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-23 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

HLIT qualifies for the Red List on decline depth.

Decline depth
-30.0%
From rolling 252-day high of $17.68, 84d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
4.5σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (4.1% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about HLIT.

HLIT qualifies for the Red List on decline depth — down -30.0% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 4.5σ over 10 bars.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 1 (red), monthly 1 (green).

Earnings on file: 2026-08-12. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about HLIT

What people ask.

Why is HLIT on Broken Stocks?

HLIT qualifies for the Red List on decline depth. It is down -30.0% from its rolling 252-day high of $17.68, set on 2026-05-28 — 84d ago.

Is HLIT a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. HLIT is down -30.0% from its 52-week high of $17.68, set 84d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is HLIT a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is HLIT trading inside its 52-week range?

At $12.37, HLIT sits 46.3% of the way from its 52-week low ($7.80) to its 52-week high ($17.68). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has HLIT been declining?

The current 30.0% decline accrued over 84d, which annualizes to roughly -130.4% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does HLIT compare to its sector?

There are 239 other Technology tickers on Broken Stocks: 147 Red, 50 Amber, 42 Watch, with 65 showing recovering structural signals. Median sector decline is -36.8% — HLIT's decline is shallower than the sector median.

Does HLIT's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-12) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.