HEMISPHERE ENERGY CORP (HME.CA) Stock Technical Analysis
TSX-V:HME - TSX Venture Exchange - CA4236301020 - Common Stock - Currency: CAD
Overall HME gets a technical rating of 7 out of 10. Although HME is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month HME has a been trading in the 1.84 - 1.96 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, HME outperforms 52% of them, which is more or less in line with the market.
HME is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, HME did better than 54% of them.
HME is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HME is lagging the market slightly.
Although HME has an excellent technical rating, it does not offer a high 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
1.63
1.97
3 important support areas can be observed.
- A support zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.69 to 1.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | UP | POSITIVE | The long term trend for HME.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HME.CA is neutral. |
| ChartMill Relative Strength | 52.57 | NEUTRAL | HME.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HME.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HME.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for HME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HME.CA has a negative trend. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for HME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for HME.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for HME.CA suggests a possible start of a new 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:HME (8/1/2025, 7:00:00 PM)
1.88
-0.01 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.53%
1 Week-2.59%
2 Weeks-3.59%
1 Month2.17%
3 Month10.59%
6 Month1.62%
12 Month8.67%
2 Year44.62%
3 Year19.75%
5 Year1292.59%
10 Year864.1%
15 Year795.24%
Volatility
ATR(14)0.03
ATR(20)%1.56%
ATR Inc80%
Range Today0.02
ADR(20)0.03
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.57
Mansfield-0.35
10 Day High1.96
10 Day Low1.86
20 Day High1.96
20 Day Low1.84
52 Week High2.03
52 Week Low1.63
CS1 End1.81
CR1 Start1.92
Volume & EV
DER(3)11.45%
DER(5)10.25%
Volume61.66K
Volume Incr-4.12%
Vol(5)65.93K
Vol(50)79.04K