Horizon Technology Finance Corporation

Stage 2 · Advancing · week 4

As of Oct 22, 2026, Horizon Technology Finance is in Stage 2, the uptrend phase, now in week 4 (since Oct 1, 2026). It closed at $4.00, 30.5% below its 52-week high and below its 200-day average, which is falling.

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. More about the company

$4.00

-0.99% today

$268M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 45 in Asset Management · #1 of 215 in Financials

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 16w

S4 22w

S4 14w

S1 16w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 6w → S3 8w → S2 16w → S3 5w → S4 6w → S1 3w → S2 8w → S3 2w → S4 22w → S1 10w → S4 14w → S1 5w → S4 14w → S1 9w → S2 4w → S3 1w → S4 14w → S1 16w → S2 3w current

Total tracked: 166 weeks across 19 stage runs.

HRZN among Asset Management85th of 140 by relative strength

All 140 →

Stocks in Asset Management ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	CYPHCypherpunk Technologies Inc.	Stage 2 · wk 7	99	−17.5%
2	AMTDAMTD IDEA Group Class A	Stage 2 · wk 1	99	+4011.1%
3	MGLDThe Marygold Companies, Inc.	Stage 2 · wk 4	94	+105.2%
4	AAMIAcadian Asset Management Inc.	Stage 2 · wk 41	94	+1.4%
5	ASSTStrive, Inc. Class A	Stage 2 · wk 7	92	+0.1%
6	AMGAffiliated Managers Group, Inc.	Stage 2 · wk 21	91	+8.0%
7	WTWisdomTree, Inc.	Stage 2 · wk 39	91	−10.6%
8	VCTRVictory Capital Holdings, Inc.	Stage 2 · wk 39	91	+1.0%
…85	HRZNHorizon Technology Finance Corporation	Stage 2 · wk 4	41	−11.5%

vs 52W High

-30.5%

$3.46 lo$5.75 hi

30.5% below 52W high, far from high

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 4

1w13w26w

Week 4, early Stage 2

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

-9.6%

200 DMA: $4.43 · sloping down

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

0.90x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-11.5%

-1.7%

+11.0%

YTD

-28.2%

-17.3%

Scan Membership

Breakout Watch

Latest: 2024-06-25

8 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 4 · Vol 0.90x

2026-10-21S2

Wk 3 · Vol 0.64x

2026-10-20S2

Wk 3 · Vol 0.84x

2026-10-19S2

Wk 3 · Vol 1.05x

2026-10-16S2

Wk 3 · Vol 0.94x

2026-10-15S2

Wk 3 · Vol 1.92x

2026-10-14S2

Wk 2 · Vol 1.14x

2026-10-13S2

Wk 2 · Vol 1.08x

2026-10-12S2

Wk 2 · Vol 0.44x

2026-10-09S2

Wk 2 · Vol 0.41x

2026-10-08S2

Wk 2 · Vol 0.48x

2026-10-07S2

Wk 1 · Vol 0.53x

Moving averages & range

50 DMA

$4.54

200 DMA

$4.43

52W High

$5.75

52W Low

$3.46

5D Low

$4.00

Resistance levels (recent highs)

20d High

$4.54

60d High

$4.88

120d High

$4.88

250d High

$5.75

Next resistance

+13.5%

to 20d High

P/E (TTM)

13.8

Forward 5.4

ROE

+1.4%

Profit margin +5.3%

Dividend Yield

17.78%

P/B 0.6

Horizon Technology Finance: quick answers

What stage is Horizon Technology Finance in?

As of Oct 22, 2026, Horizon Technology Finance (HRZN) is in Stage 2, the uptrend phase. It entered Stage 2 on Oct 1, 2026 and is in week 4. What the four stages mean

Is Horizon Technology Finance in an uptrend?

Yes. Horizon Technology Finance is in a Stage 2 uptrend. It trades 9.6% below its 200-day average, which is falling.

How far is Horizon Technology Finance from its 52-week high?

Horizon Technology Finance closed at $4.00 on Oct 22, 2026, 30.5% below its 52-week high of $5.75. Its 52-week low is $3.46.

How has Horizon Technology Finance performed over the past year?

As of Oct 22, 2026, Horizon Technology Finance is down 17.3% over the past year and down 28.2% so far in 2026.

Which sector and industry is Horizon Technology Finance in?

Horizon Technology Finance is in the Asset Management industry, part of the Financials sector.

About this companyFinancials· Asset Management

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries. It seeks to invest in companies in the United States.

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.