HIGHLAND OPPORTUNITIES AND I (HFRO)
US43010E4044
We assign a technical rating of 1 out of 10 to HFRO. HFRO'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, HFRO is a bad performer in the overall market: 81% of all stocks are doing better.
HFRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HFRO is lagging the market.
In the last month HFRO has a been trading in the 6.30 - 6.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, HFRO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 6.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HFRO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.04
7.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.44 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.10 to 6.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.63 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.04 to 7.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.46 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.51
Mansfield-2.39
10 Day High6.66
10 Day Low6.33
20 Day High6.85
20 Day Low6.3
52 Week High9.38
52 Week Low5.92
Performance
1 Week2.48%
2 Weeks3.77%
1 Month-3.08%
3 Month-4.62%
6 Month-17.89%
12 Month-19.49%
2 Year-43.79%
3 Year-44.5%
5 Year-50.41%
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)54.26
LBB6.31
UBB6.59
HIGHLAND OPPORTUNITIES AND I
NYSE:HFRO (5/3/2024, 7:04:00 PM)
6.61
+0.2 (+3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.12%
1 Week2.48%
2 Weeks3.77%
1 Month-3.08%
3 Month-4.62%
6 Month-17.89%
12 Month-19.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%2.41%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.66
10 Day Low6.33
20 Day High6.85
20 Day Low6.3
52 Week High9.38
52 Week Low5.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume271.80K
Volume Incr16.34%
Vol(5)225.48K
Vol(50)296.64K