HIGHBANK RESOURCES LTD (HBK.CA) Technical Analysis
TSX-V:HBK • CA42982U2065
Current stock price
HBK.CA Technical Rating and Analysis
Taking everything into account, HBK scores 1 out of 10 in our technical rating. HBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- 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.
- HBK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HBK is lagging the market.
- Warning: HBK has an average volume of 18750 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month HBK has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that HBK is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- HBK is part of the Metals & Mining industry. There are 798 other stocks in this industry, HBK did better than 54% of them.
HBK.CA Weekly and Daily overview Charts
HBK.CA Setup Rating and Analysis
Although the technical rating is bad, HBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
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HBK.CA Support and Resistance Analysis
0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @0.03 from a horizontal line in the weekly time frame.
HBK.CA Technical Indicator Signal Analysis
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 HBK.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBK.CA is neutral. |
| ChartMill Relative Strength | 79.97 | POSITIVE | HBK.CA has a high relative strength, it outperformed 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HBK.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HBK.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HBK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.24 | NEUTRAL | The RSI value for HBK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HBK.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HBK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 18.33 | HIGH VOLATILITY | The high ATR as a percentage value for HBK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.76 | POSITIVE | The high ADX value value for HBK.CA suggests a strong trend. |
HBK.CA Chart- and CandleStick Pattern Analysis
HBK.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:HBK (4/10/2025, 7:00:00 PM)
0.015
0 (0%)
HIGHBANK RESOURCES LTD / HBK.CA TA FAQ
What is the ChartMill technical rating of HIGHBANK RESOURCES LTD (HBK.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to HBK.CA.
What is the current trend direction of HIGHBANK RESOURCES LTD (HBK.CA) stock?
The current trend direction for HIGHBANK RESOURCES LTD (HBK.CA) is Bearish.
Can you provide the RSI signal for HIGHBANK RESOURCES LTD?
HIGHBANK RESOURCES LTD (HBK.CA) has an RSI value of 52.2386. This indicates that the stock is currently neutral.
What is the MACD signal for HBK stock?
The MACD indicator for HIGHBANK RESOURCES LTD (HBK.CA) has a value of 0.000148516, indicating a bearish trend.
What is the support and resistance level for HBK stock?
HIGHBANK RESOURCES LTD (HBK.CA) has a support level at 0.01 and a resistance level at 0.03. Check the full technical report for our detailed analysis of HBK.CA support and resistance levels.