GLOBAL GAS CORP (HGAS) Technical Analysis
NASDAQ:HGAS • US37892P1075
Current stock price
HGAS Technical Rating and Analysis
Overall HGAS gets a technical rating of 0 out of 10. HGAS 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.
- 100% of all other stocks performed better in the past year than HGAS.
- HGAS is part of the Chemicals industry. There are 83 other stocks in this industry, of which 97% are performing better than HGAS.
- In the last month HGAS has a been trading in the 0.97 - 1.48 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.
- Considerably lower volume is observed in the last couple of days.
HGAS Weekly and Daily overview Charts
HGAS Setup Rating and Analysis
The technical rating of HGAS 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
HGAS Support and Resistance Analysis
0.97
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HGAS 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 HGAS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HGAS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HGAS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HGAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HGAS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.94 | NEUTRAL | The RSI value for HGAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HGAS has a negative trend. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests HGAS may be oversold. |
| Average True Range in percent/ATR (20) | 12.3 | HIGH VOLATILITY | The high ATR as a percentage value for HGAS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for HGAS suggests a weak or negative trend. |
HGAS Chart- and CandleStick Pattern Analysis
HGAS Technicals: Chart, Performance Metrics, Trend & Indicators
0.98
-0.1 (-9.26%)
GLOBAL GAS CORP / HGAS TA FAQ
Can you provide the ChartMill technical rating for GLOBAL GAS CORP?
ChartMill assigns a technical rating of 0 / 10 to HGAS.
What is the trend direction for HGAS stock?
The current trend direction for GLOBAL GAS CORP (HGAS) is Bearish.
Can you provide the RSI signal for GLOBAL GAS CORP?
GLOBAL GAS CORP (HGAS) has an RSI value of 36.9395. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL GAS CORP (HGAS) stock?
The short term momentum for GLOBAL GAS CORP (HGAS) is negative.
What is the support and resistance level for HGAS stock?
GLOBAL GAS CORP (HGAS) has a resistance level at 1.08. Check the full technical report for our detailed analysis of HGAS support and resistance levels.