HEMLO EXPLORERS INC (HMLO.CA) Stock Technical Analysis
Canada - TSX-V:HMLO - CA42366W1095 - Common Stock
0.07 CAD
0 (0%)
Overall HMLO gets a technical rating of 8 out of 10. Although HMLO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HMLO did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
HMLO is part of the Metals & Mining industry. There are 807 other stocks in this industry, HMLO did better than 44% of them.
HMLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HMLO is lagging the market.
In the last month HMLO has a been trading in the 0.04 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HMLO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.03
0.09
We found 3 important support areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.04 from a trend line in the daily time frame.
- Support @0.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 from a trend line 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 HMLO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMLO.CA is up. |
| ChartMill Relative Strength | 70.77 | POSITIVE | HMLO.CA has a high relative strength, it outperformed 70.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HMLO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HMLO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HMLO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.21 | NEUTRAL | The RSI value for HMLO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HMLO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.07 | NEUTRAL | The Stochastics value for HMLO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.29 | HIGH VOLATILITY | The high ATR as a percentage value for HMLO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for HMLO.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)
TSX-V:HMLO (3/6/2025, 7:00:00 PM)
0.07
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks7.69%
1 Month16.67%
3 Month-22.22%
6 Month75%
12 Month40%
2 Year-6.67%
3 Year-56.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%14.29%
ATR Inc-54.84%
Range Today0
ADR(20)0
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.77
Mansfield1.58
10 Day High0.09
10 Day Low0.04
20 Day High0.09
20 Day Low0.04
52 Week High0.1
52 Week Low0.02
CS1 End0.06
CR1 Start0.07
Volume & EV
DER(3)0%
DER(5)0%
Volume2.11K
Volume Incr32.08%
Vol(5)71.62K
Vol(50)78.12K