Canada - TSX Venture Exchange - TSX-V:HDRO - CA74167W1032 - Common Stock
Taking everything into account, HDRO scores 0 out of 10 in our technical rating. HDRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, HDRO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HDRO in the last couple of days, which is a good sign.
0.12
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 HDRO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDRO.CA is down. |
| ChartMill Relative Strength | 1.01 | NEGATIVE | HDRO.CA has a low relative strength, it was outperformed by 98.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HDRO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDRO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HDRO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.33 | NEUTRAL | The RSI value for HDRO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HDRO.CA has a positive trend. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for HDRO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for HDRO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for HDRO.CA suggests a weak or negative trend. |
TSX-V:HDRO (1/7/2026, 7:00:00 PM)
0.12
+0 (+4.35%)
ChartMill assigns a technical rating of 0 / 10 to HDRO.CA.
The current trend direction for PRIMARY HYDROGEN CORP (HDRO.CA) is Bearish.
PRIMARY HYDROGEN CORP (HDRO.CA) has an RSI value of 43.3291. This indicates that the stock is currently neutral.
The short term momentum for PRIMARY HYDROGEN CORP (HDRO.CA) is negative.
PRIMARY HYDROGEN CORP (HDRO.CA) has a support level at 0.12 and a resistance level at 0.13. Check the full technical report for our detailed analysis of HDRO.CA support and resistance levels.