HEXO Corp (HEXO.CA) Stock Technical Analysis
TSX:HEXO - Toronto Stock Exchange - CA4283044069 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to HEXO. HEXO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HEXO is a bad performer in the overall market: 98% of all stocks are doing better.
HEXO is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, of which 100% are performing better than HEXO.
HEXO 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 HEXO is lagging the market.
In the last month HEXO has a been trading in the 0.85 - 1.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of HEXO 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
0.87
2.06
3 important resistance areas can be observed.
- A resistance zone ranging from 1.58 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.74 from a trend line in the weekly time frame.
- Resistance @2.04 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.07
Mansfield-6.77
10 Day High1.13
10 Day Low0.85
20 Day High1.43
20 Day Low0.85
52 Week High4.97
52 Week Low0.85
Performance
1 Week-6.38%
2 Weeks-21.43%
1 Month-37.59%
3 Month-51.38%
6 Month-36.69%
12 Month-76.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)26.83
LBB0.79
UBB1.22
TSX:HEXO (6/26/2023, 7:00:00 PM)
0.88
+0.01 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.15%
1 Week-6.38%
2 Weeks-21.43%
1 Month-37.59%
3 Month-51.38%
6 Month-36.69%
12 Month-76.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.86%
ATR Inc-26.32%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.07
Mansfield-6.77
10 Day High1.13
10 Day Low0.85
20 Day High1.43
20 Day Low0.85
52 Week High4.97
52 Week Low0.85
CS1 EndN/A
CR1 Start1.58
Volume & EV
DER(3)-7.44%
DER(5)-9.41%
Volume72.64K
Volume Incr-24.6%
Vol(5)89.45K
Vol(50)131.54K