HEMPALTA CORP (HEMP.CA) Stock Technical Analysis
TSX-V:HEMP - TSX Venture Exchange - CA42371M1041 - Common Stock - Currency: CAD
Overall HEMP gets a technical rating of 1 out of 10. HEMP'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HEMP is a bad performer in the overall market: 95% of all stocks are doing better.
HEMP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HEMP has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, HEMP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone.
More info and screens
0.04
0.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.06 from a trend line in the daily time frame.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HEMP.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HEMP.CA is neutral. |
| ChartMill Relative Strength | 5.91 | NEGATIVE | HEMP.CA has a low relative strength, it was outperformed by 94.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HEMP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HEMP.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HEMP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for HEMP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HEMP.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for HEMP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for HEMP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.52 | NEGATIVE | The low ADX value for HEMP.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:HEMP (7/9/2025, 7:00:00 PM)
0.055
+0 (+10%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10%
1 Week0%
2 Weeks22.22%
1 Month0%
3 Month0%
6 Month22.22%
12 Month-63.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%8.64%
ATR Inc7.69%
Range Today0
ADR(20)0
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.91
Mansfield-3.18
10 Day High0.06
10 Day Low0.05
20 Day High0.06
20 Day Low0.04
52 Week High0.18
52 Week Low0.04
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)-130.13%
DER(5)-161.41%
Volume10.00K
Volume Incr-40.58%
Vol(5)22.83K
Vol(50)33.57K