Hyperdynamics Corp. (HDY) Technical Analysis
NYSE:HDY • US4489542062
Current stock price
HDY Technical Rating and Analysis
Taking everything into account, HDY scores 0 out of 10 in our technical rating. HDY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than HDY.
- HDY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HDY is lagging the market.
- In the last month HDY has a been trading in the 0.57 - 0.94 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.
HDY Weekly and Daily overview Charts
HDY Setup Rating and Analysis
The technical rating of HDY is bad and it also does not present a 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
HDY Support and Resistance Analysis
0.66
When analyzing the resistance we notice 2 important areas.
- Resistance @0.74 from a horizontal line in the daily time frame.
- Resistance @0.90 from a trend line in the daily time frame.
HDY 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 HDY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HDY is down. |
| ChartMill Relative Strength | 5.93 | NEGATIVE | HDY has a low relative strength, it was outperformed by 94.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.3 | NEUTRAL | The RSI value for HDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HDY has a negative trend. |
| Average True Range in percent/ATR (20) | 11.87 | HIGH VOLATILITY | The high ATR as a percentage value for HDY suggests high volalility. |
HDY Chart- and CandleStick Pattern Analysis
HDY Technicals: Chart, Performance Metrics, Trend & Indicators
0.67
-0.04 (-5.63%)
Hyperdynamics Corp. / HDY TA FAQ
What is the ChartMill technical rating of Hyperdynamics Corp. (HDY) stock?
ChartMill assigns a technical rating of 0 / 10 to HDY.
What is the trend direction for HDY stock?
The current trend direction for Hyperdynamics Corp. (HDY) is Bearish.
What is the RSI signal for HDY stock?
Hyperdynamics Corp. (HDY) has an RSI value of 36.3035. This indicates that the stock is currently neutral.
What is the buy/sell signal for Hyperdynamics Corp. (HDY) stock?
The buy/sell signal for Hyperdynamics Corp. (HDY) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for Hyperdynamics Corp. (HDY) stock?
Hyperdynamics Corp. (HDY) has a resistance level at 0.74. Check the full technical report for our detailed analysis of HDY support and resistance levels.