HEMISPHERE ENERGY CORP (HME.CA) Stock Technical Analysis
TSX-V:HME - CA4236301020 - Common Stock
1.97 CAD
-0.01 (-0.51%)
Taking everything into account, HME scores 8 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
HME is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HME is lagging the market slightly.
In the last month HME has a been trading in the 1.86 - 2.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, HME turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
HME is part of the Oil, Gas & Consumable Fuels industry. There are 215 other stocks in this industry, HME did better than 64% of them.
Besides having an excellent technical rating, HME also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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. We notice that large players showed an interest for HME in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.67
1.99
We found 5 important support areas.
- A support zone ranging from 1.90 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.81 from a trend line in the weekly time frame.
- Support @1.73 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.
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 | UP | POSITIVE | The short term trend for HME.CA is up. |
| ChartMill Relative Strength | 54.37 | NEUTRAL | HME.CA is not amongst the best or worst performers 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) | 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) | 57.71 | NEUTRAL | The RSI value for HME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HME.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for HME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for HME.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.7 | NEGATIVE | The low ADX value for HME.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.01 | 1.89 | 0.12 (5.97%) | 16.75% |
| An entry @2.01. This is a Buy Stop order right above the 10 day high. | An exit @1.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 5.97%. | When investing 16.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:HME (8/29/2025, 7:00:00 PM)
1.97
-0.01 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.51%
1 Week0%
2 Weeks1.03%
1 Month4.23%
3 Month12.57%
6 Month5.35%
12 Month8.24%
2 Year51.54%
3 Year25.48%
5 Year1359.26%
10 Year910.26%
15 Year838.1%
Volatility
ATR(14)0.04
ATR(20)%1.8%
ATR Inc-3.92%
Range Today0.03
ADR(20)0.03
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.37
Mansfield-0.22
10 Day High2
10 Day Low1.9
20 Day High2
20 Day Low1.86
52 Week High2.03
52 Week Low1.63
CS1 End1.96
CR1 StartN/A
Volume & EV
DER(3)10.68%
DER(5)8.02%
Volume39.38K
Volume Incr8.56%
Vol(5)82.37K
Vol(50)75.99K