HEIDMAR MARITIME HOLDINGS CO (HMR) Stock Technical Analysis
NASDAQ:HMR • MHY3130D1013
Overall HMR gets a technical rating of 0 out of 10. HMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, HMR is a bad performer in the overall market: 92% of all stocks are doing better.
- HMR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 206 stocks in the same industry do better.
- HMR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month HMR has a been trading in the 0.88 - 1.05 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
HMR has a bad technical rating, but it does show 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 0.94, a Stop Loss order could be placed below this zone.
More info and screens
0.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.92 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.48 from a horizontal 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 | 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 | 8.61 | NEGATIVE | HMR has a low relative strength, it was outperformed by 91.39% 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 | MIXED | The current price of HMR is above 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) | 50.29 | NEUTRAL | The RSI value for HMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HMR has a positive trend. |
| Stochastics (14,3) | 30.15 | NEUTRAL | The Stochastics value for HMR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for HMR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.68 | NEGATIVE | The low ADX value for HMR suggests a weak or negative trend. |
0.9398
+0.01 (+1.01%)
HEIDMAR MARITIME HOLDINGS CO / HMR FAQ
What is the ChartMill technical rating of HEIDMAR MARITIME HOLDINGS CO (HMR) stock?
ChartMill assigns a technical rating of 0 / 10 to HMR.
What is the trend direction for HMR stock?
The current trend direction for HEIDMAR MARITIME HOLDINGS CO (HMR) is Bearish.
What is the RSI signal for HEIDMAR MARITIME HOLDINGS CO (HMR) stock?
HEIDMAR MARITIME HOLDINGS CO (HMR) has an RSI value of 50.2937. This indicates that the stock is currently neutral.
What is the MACD signal for HEIDMAR MARITIME HOLDINGS CO (HMR) stock?
The MACD indicator for HEIDMAR MARITIME HOLDINGS CO (HMR) has a value of 0.00123623, indicating a bearish trend.
What is the buy/sell signal for HMR stock?
The buy/sell signal for HEIDMAR MARITIME HOLDINGS CO (HMR) is sell as both the short term and long term trends are negative.