FIRST HYDROGEN CORP (FHYD.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:FHYD • CA32057N1042
Overall FHYD gets a technical rating of 1 out of 10. FHYD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than FHYD.
- FHYD is part of the Machinery industry. There are 23 other stocks in this industry, of which 63% are performing better than FHYD.
- FHYD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: FHYD has an average volume of 16712 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FHYD has a been trading in the 0.35 - 0.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
The technical rating of FHYD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.37
When analyzing the support we can see 2 important areas.
- Support @0.40 from a trend line in the daily time frame.
- Support @0.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.44 from a trend line in the daily time frame.
- Resistance @0.45 from a horizontal line in the weekly time frame.
- Resistance @0.47 from a trend line in the daily time frame.
- Resistance @0.49 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FHYD.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FHYD.CA is neutral. |
| ChartMill Relative Strength | 15.8 | NEGATIVE | FHYD.CA has a low relative strength, it was outperformed by 84.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FHYD.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHYD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FHYD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for FHYD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FHYD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.85 | NEUTRAL | The Stochastics value for FHYD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for FHYD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for FHYD.CA suggests a weak or negative trend. |
TSX-V:FHYD (1/30/2026, 7:00:00 PM)
0.405
-0.01 (-3.57%)
FIRST HYDROGEN CORP / FHYD.CA FAQ
What is the ChartMill technical rating of FIRST HYDROGEN CORP (FHYD.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to FHYD.CA.
Can you provide the trend direction for FIRST HYDROGEN CORP?
The current trend direction for FIRST HYDROGEN CORP (FHYD.CA) is Bearish.
What is the RSI signal for FIRST HYDROGEN CORP (FHYD.CA) stock?
FIRST HYDROGEN CORP (FHYD.CA) has an RSI value of 48.9118. This indicates that the stock is currently neutral.
What is the MACD signal for FHYD stock?
The MACD indicator for FIRST HYDROGEN CORP (FHYD.CA) has a value of 0.000636034, indicating a bearish trend.
What are the support and resistance levels for FIRST HYDROGEN CORP (FHYD.CA) stock?
FIRST HYDROGEN CORP (FHYD.CA) has a support level at 0.4 and a resistance level at 0.42. Check the full technical report for our detailed analysis of FHYD.CA support and resistance levels.