FIRST HYDROGEN CORP (FHYD.CA) Stock Technical Analysis
TSX-V:FHYD - TSX Venture Exchange - CA32057N1042 - Common Stock - Currency: CAD
Overall FHYD gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month FHYD has a been trading in the 0.64 - 0.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that FHYD is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FHYD is an average performer in the Machinery industry, it outperforms 63% of 20 stocks in the same industry.
FHYD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FHYD is lagging the market.
Considerably lower volume is observed in the last couple of days.
FHYD has an average technical rating and also the quality of the setup is only medium 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
0.51
1.23
2 important support areas can be observed.
- A support zone ranging from 0.66 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.52 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.22 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for FHYD.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FHYD.CA is down. |
| ChartMill Relative Strength | 80.73 | POSITIVE | FHYD.CA has a high relative strength, it outperformed 80.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHYD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FHYD.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FHYD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for FHYD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FHYD.CA has a negative trend. |
| Stochastics (14,3) | 28.07 | NEUTRAL | The Stochastics value for FHYD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for FHYD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.86 | NEGATIVE | The low ADX value for FHYD.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:FHYD (7/23/2025, 7:00:00 PM)
0.67
-0.02 (-2.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.9%
1 Week-12.99%
2 Weeks-4.29%
1 Month-8.22%
3 Month26.42%
6 Month86.11%
12 Month39.58%
2 Year-76.07%
3 Year-74.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.73%
ATR Inc-28.21%
Range Today0.05
ADR(20)0.06
ADR(20)%8.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.73
Mansfield2.82
10 Day High0.83
10 Day Low0.66
20 Day High0.83
20 Day Low0.64
52 Week High1.35
52 Week Low0.31
CS1 End0.66
CR1 Start0.72
Volume & EV
DER(3)0%
DER(5)0%
Volume31.15K
Volume Incr11.98%
Vol(5)71.54K
Vol(50)112.55K