Overall HMR gets a technical rating of 0 out of 10. HMR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HMR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
0.84
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for HMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | HMR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.64 | OVERSOLD | The low RSI value suggests HMR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HMR has a negative trend. |
| Stochastics (14,3) | 17.02 | OVERSOLD | The low Stochastics value suggests HMR may be oversold. |
| Average True Range in percent/ATR (20) | 6.8 | HIGH VOLATILITY | The high ATR as a percentage value for HMR suggests high volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for HMR suggests a strong trend. |
0.8476
-0.03 (-3.82%)
ChartMill assigns a technical rating of 0 / 10 to HMR.
The current trend direction for HEIDMAR MARITIME HOLDINGS CO (HMR) is Bearish.
HEIDMAR MARITIME HOLDINGS CO (HMR) has an RSI value of 23.643. This indicates that the stock is currently oversold.
The MACD indicator for HEIDMAR MARITIME HOLDINGS CO (HMR) has a value of -0.0198234, indicating a bearish trend.
The short term momentum for HEIDMAR MARITIME HOLDINGS CO (HMR) is negative.