PRIMARY HYDROGEN CORP (HDRO.CA) Technical Analysis
TSX-V:HDRO • CA74167W2022
Current stock price
HDRO.CA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to HDRO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HDRO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- HDRO is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry. HDRO outperforms 99% of them.
- HDRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HDRO is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that HDRO is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month HDRO has a been trading in the 0.77 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
HDRO.CA Weekly and Daily overview Charts
HDRO.CA Setup Rating and Analysis
Although HDRO has an excellent technical rating, it does not offer a high 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
HDRO.CA Support and Resistance Analysis
0.84
2 important support areas can be observed.
- Support @0.89 from a trend line in the daily time frame.
- Support @0.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HDRO.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 | UP | POSITIVE | The long term trend for HDRO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HDRO.CA is up. |
| ChartMill Relative Strength | 99.27 | POSITIVE | HDRO.CA has a high relative strength, it outperformed 99.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HDRO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HDRO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HDRO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.66 | NEUTRAL | The RSI value for HDRO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HDRO.CA has a negative trend. |
| Stochastics (14,3) | 64.23 | NEUTRAL | The Stochastics value for HDRO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.54 | HIGH VOLATILITY | The high ATR as a percentage value for HDRO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for HDRO.CA suggests a possible start of a new trend. |
HDRO.CA Chart- and CandleStick Pattern Analysis
HDRO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:HDRO (4/23/2026, 7:00:00 PM)
0.98
-0.17 (-14.78%)
PRIMARY HYDROGEN CORP / HDRO.CA TA FAQ
What is the ChartMill technical rating of PRIMARY HYDROGEN CORP (HDRO.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to HDRO.CA.
What is the trend direction for HDRO stock?
The current trend direction for PRIMARY HYDROGEN CORP (HDRO.CA) is Bullish.
Can you provide the RSI signal for PRIMARY HYDROGEN CORP?
PRIMARY HYDROGEN CORP (HDRO.CA) has an RSI value of 53.6606. This indicates that the stock is currently neutral.
What is the buy/sell signal for HDRO stock?
The buy/sell signal for PRIMARY HYDROGEN CORP (HDRO.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PRIMARY HYDROGEN CORP (HDRO.CA) stock?
PRIMARY HYDROGEN CORP (HDRO.CA) has a support level at 0.89 and a resistance level at 0.99. Check the full technical report for our detailed analysis of HDRO.CA support and resistance levels.