HEMLO EXPLORERS INC (HMLO.CA) Technical Analysis
TSX-V:HMLO • CA42366W1095
Current stock price
HMLO.CA Technical Rating and Analysis
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 is one of the lesser performing stocks in the Metals & Mining industry. 60% of 795 stocks in the same industry do better.
- 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 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 HMLO is lagging the market slightly.
- 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.
HMLO.CA Weekly and Daily overview Charts
HMLO.CA Setup Rating and Analysis
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.
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HMLO.CA Support and Resistance Analysis
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.
HMLO.CA Technical Indicator Signal Analysis
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. |
HMLO.CA Chart- and CandleStick Pattern Analysis
HMLO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:HMLO (3/6/2025, 7:00:00 PM)
0.07
0 (0%)
HEMLO EXPLORERS INC / HMLO.CA TA 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.
Can you provide the trend direction for HEMLO EXPLORERS INC?
The current trend direction for HEMLO EXPLORERS INC (HMLO.CA) is Bullish.
Can you provide the RSI signal for HEMLO EXPLORERS INC?
HEMLO EXPLORERS INC (HMLO.CA) has an RSI value of 50.209. This indicates that the stock is currently neutral.
What is the short term momentum for HEMLO EXPLORERS INC (HMLO.CA) stock?
The short term momentum for HEMLO EXPLORERS INC (HMLO.CA) is positive.
Can you provide the buy/sell signal for HEMLO EXPLORERS INC?
The buy/sell signal for HEMLO EXPLORERS INC (HMLO.CA) is buy as both the short term and long term trends are positive.