HNR ACQUISITION CORP (HNRA) Technical Analysis
NYSEARCA:HNRA • US40472A1025
Current stock price
HNRA Technical Rating and Analysis
Overall HNRA gets a technical rating of 0 out of 10. HNRA'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than HNRA.
- HNRA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so HNRA is lagging the market.
- In the last month HNRA has a been trading in the 0.99 - 2.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
HNRA Weekly and Daily overview Charts
HNRA Setup Rating and Analysis
HNRA has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
HNRA Support and Resistance Analysis
1.18
3 important resistance areas can be observed.
- Resistance @2.00 from a trend line in the daily time frame.
- Resistance @2.08 from a trend line in the daily time frame.
- Resistance @2.81 from a horizontal line in the daily time frame.
HNRA 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 | DOWN | NEGATIVE | The long term trend for HNRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNRA is down. |
| ChartMill Relative Strength | 1.42 | NEGATIVE | HNRA has a low relative strength, it was outperformed by 98.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.07 | NEUTRAL | The RSI value for HNRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HNRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.13 | OVERSOLD | The low Stochastics value suggests HNRA may be oversold. |
| Average True Range in percent/ATR (20) | 21.85 | HIGH VOLATILITY | The high ATR as a percentage value for HNRA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.41 | POSITIVE | The high ADX value value for HNRA suggests a strong trend. |
HNRA Chart- and CandleStick Pattern Analysis
HNRA Technicals: Chart, Performance Metrics, Trend & Indicators
1.19
+0.08 (+7.21%)
HNR ACQUISITION CORP / HNRA TA FAQ
Can you provide the ChartMill technical rating for HNR ACQUISITION CORP?
ChartMill assigns a technical rating of 0 / 10 to HNRA.
What is the current trend direction of HNR ACQUISITION CORP (HNRA) stock?
The current trend direction for HNR ACQUISITION CORP (HNRA) is Bearish.
What is the RSI signal for HNR ACQUISITION CORP (HNRA) stock?
HNR ACQUISITION CORP (HNRA) has an RSI value of 31.0689. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HNR ACQUISITION CORP?
The MACD indicator for HNR ACQUISITION CORP (HNRA) has a value of -0.0311565, indicating a bearish trend.
What is the support and resistance level for HNRA stock?
HNR ACQUISITION CORP (HNRA) has a resistance level at 2. Check the full technical report for our detailed analysis of HNRA support and resistance levels.