HARVEST NATURAL RESOURCES INC (HNR) Stock Technical Analysis
NYSE:HNR - New York Stock Exchange, Inc. - US41754V2025
Taking everything into account, HNR scores 8 out of 10 in our technical rating. In the last year, HNR was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, HNR did better than 98% of all other stocks. On top of that, HNR also shows a nice and consistent pattern of rising prices.
HNR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HNR is leading the market.
In the last month HNR has a been trading in the 6.37 - 7.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, HNR also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for HNR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.43
7.35
2 important support areas can be observed.
- Support @6.61 from a horizontal line in the weekly time frame.
- Strong support @6.49 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.64 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.13 from a horizontal line in the weekly time frame.
- Resistance @7.28 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 | UP | POSITIVE | The long term trend for HNR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNR is neutral. |
| ChartMill Relative Strength | 98.43 | POSITIVE | HNR has a high relative strength, it outperformed 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HNR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.57 | NEUTRAL | The RSI value for HNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HNR has a negative trend. |
| Stochastics (14,3) | 61.87 | NEUTRAL | The Stochastics value for HNR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for HNR suggests high volalility. |
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)
6.62
-0.48 (-6.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.76%
1 Week-4.89%
2 Weeks-4.75%
1 Month0.15%
3 Month-1.19%
6 Month48.76%
12 Month244.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.01%
ATR Inc11.77%
Range Today0.53
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.43
Mansfield3.92
10 Day High7.16
10 Day Low6.41
20 Day High7.35
20 Day Low6.37
52 Week High7.35
52 Week Low1.68
CS1 End6.61
CR1 Start6.64
Volume & EV
DER(3)4.1%
DER(5)4.89%
Volume542.40K
Volume Incr9.27%
Vol(5)219.20K
Vol(50)122.31K