HEMLO EXPLORERS INC (HMLO.CA) Stock Technical Analysis
Canada - TSX-V:HMLO - CA42366W1095 - Common Stock
We assign a technical rating of 8 out of 10 to HMLO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HMLO is only an average performer.
HMLO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
3 important support areas can be observed.
- 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.
3 important resistance areas can be observed.
- 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. |
TSX-V:HMLO (3/6/2025, 7:00:00 PM)
0.07
0 (0%)
HEMLO EXPLORERS INC / HMLO.CA FAQ
What is the ChartMill technical rating of HEMLO EXPLORERS INC (HMLO.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to HMLO.CA.
What is the current trend direction of HEMLO EXPLORERS INC (HMLO.CA) stock?
The current trend direction for HEMLO EXPLORERS INC (HMLO.CA) is Bullish.
What is the RSI signal for HEMLO EXPLORERS INC (HMLO.CA) stock?
HEMLO EXPLORERS INC (HMLO.CA) has an RSI value of 50.209. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HEMLO EXPLORERS INC?
The short term momentum for HEMLO EXPLORERS INC (HMLO.CA) is positive.
What is the support and resistance level for HMLO stock?
HEMLO EXPLORERS INC (HMLO.CA) has a support level at 0.06 and a resistance level at 0.07. Check the full technical report for our detailed analysis of HMLO.CA support and resistance levels.