HEMISPHERE ENERGY CORP (HME.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:HME - CA4236301020 - Common Stock
We assign a technical rating of 2 out of 10 to HME. HME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 72% of all other stocks performed better in the past year than HME.
- HME is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 64% are performing better than HME.
- In the last month HME has a been trading in the 1.88 - 2.02 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- HME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HME is lagging the market.
HME has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.96, a Stop Loss order could be placed below this zone.
More info and screens
1.67
We found 3 important support areas.
- A support zone ranging from 1.88 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.76 from a trend line in the weekly time frame.
- A support zone ranging from 1.69 to 1.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.97 from a trend line in the daily time frame.
- A resistance zone ranging from 2.23 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for HME.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HME.CA is neutral. |
| ChartMill Relative Strength | 28.99 | NEGATIVE | HME.CA has a low relative strength, it was outperformed by 71.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HME.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HME.CA is below a declining 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) | 46.68 | NEUTRAL | The RSI value for HME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HME.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for HME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for HME.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for HME.CA suggests a possible start of a new trend. |
TSX-V:HME (1/16/2026, 7:00:00 PM)
1.97
-0.01 (-0.51%)
HEMISPHERE ENERGY CORP / HME.CA FAQ
What is the ChartMill technical rating of HEMISPHERE ENERGY CORP (HME.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to HME.CA.
What is the trend direction for HME stock?
The current trend direction for HEMISPHERE ENERGY CORP (HME.CA) is Bearish.
Can you provide the RSI signal for HEMISPHERE ENERGY CORP?
HEMISPHERE ENERGY CORP (HME.CA) has an RSI value of 46.682. This indicates that the stock is currently neutral.
What is the short term momentum for HEMISPHERE ENERGY CORP (HME.CA) stock?
The short term momentum for HEMISPHERE ENERGY CORP (HME.CA) is neutral.