Logo image of HGAS

GLOBAL GAS CORP (HGAS) Stock Technical Analysis

USA - Nasdaq - NASDAQ:HGAS - US37892P1075 - Common Stock

0.98 USD
-0.1 (-9.26%)
Last: 6/24/2024, 8:10:05 PM
0.545 USD
-0.43 (-44.39%)
After Hours: 6/24/2024, 8:10:05 PM
Technical Rating and Analysis

0

Overall HGAS gets a technical rating of 0 out of 10. HGAS'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than HGAS.
HGAS is one of the lesser performing stocks in the Chemicals industry. 98% of 83 stocks in the same industry do better.
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.
Weekly and Daily overview Charts
GLOBAL GAS CORP / HGAS Weekly stock chart
GLOBAL GAS CORP / HGAS Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.97

1.10

We found 1 important resistance 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for HGAS is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for HGAS is down.
ChartMill Relative Strength0NEGATIVEHGAS has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of HGAS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of HGAS is below a declining SMA(50).
Relative Strength Index/RSI (14)36.94NEUTRALThe RSI value for HGAS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests HGAS has a negative trend.
Stochastics (14,3)14.4OVERSOLDThe low Stochastics value suggests HGAS may be oversold.
Average True Range in percent/ATR (20)12.3HIGH VOLATILITYThe high ATR as a percentage value for HGAS suggests high volalility.
Average Directional Index/ADX (14)15.17NEGATIVEThe low ADX value for HGAS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
GLOBAL GAS CORP / HGAS Daily stock chart

GLOBAL GAS CORP

NASDAQ:HGAS (6/24/2024, 8:10:05 PM)

After market: 0.545 -0.43 (-44.39%)

0.98

-0.1 (-9.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-9.26%
1 Week-6.67%
2 Weeks-19.01%
1 Month-22.22%
3 Month-28.47%
6 Month-73.45%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%12.3%
ATR Inc13.24%
Range Today0.14
ADR(20)0.12
ADR(20)%12.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High1.23
10 Day Low0.97
20 Day High1.48
20 Day Low0.97
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.08
Volume & EV
DER(3)-3.47%
DER(5)-6.13%
Volume158.80K
Volume Incr63.27%
Vol(5)40.76K
Vol(50)105.94K

GLOBAL GAS CORP / HGAS 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.