HIGHBANK RESOURCES LTD (HBK.CA) Stock Technical Analysis
Canada - TSX-V:HBK - CA42982U2065 - Common Stock
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.
HBK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
More info and screens
0.01
We found 1 important support 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.
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. |
TSX-V:HBK (4/10/2025, 7:00:00 PM)
0.015
0 (0%)
HIGHBANK RESOURCES LTD / HBK.CA 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 trend direction for HBK stock?
The current trend direction for HIGHBANK RESOURCES LTD (HBK.CA) is Bearish.
What is the RSI signal for HIGHBANK RESOURCES LTD (HBK.CA) stock?
HIGHBANK RESOURCES LTD (HBK.CA) has an RSI value of 52.2386. This indicates that the stock is currently neutral.
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.