HNR ACQUISITION CORP (HNRA) Stock Technical Analysis
NYSEARCA:HNRA - NYSE Arca - US40472A1025 - Common Stock - Currency: USD
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.
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, HNRA is a bad performer in the overall market: 99% of all stocks are doing better.
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 has a poor technical rating and the quality of the setup is also not perfect 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
1.18
2.84
We can see 3 important resistance areas.
- 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.
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. |
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)
1.19
+0.08 (+7.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.21%
1 Week-6.31%
2 Weeks-23.72%
1 Month-43.06%
3 Month-51.63%
6 Month-54.41%
12 Month-88.98%
2 Year-88.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%21.85%
ATR Inc-46.57%
Range Today0.15
ADR(20)0.25
ADR(20)%21.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.42
Mansfield-7.04
10 Day High1.7
10 Day Low0.99
20 Day High2.4
20 Day Low0.99
52 Week High13.93
52 Week Low0.99
CS1 EndN/A
CR1 Start2
Volume & EV
DER(3)6.65%
DER(5)0.96%
Volume193.70K
Volume Incr-17.84%
Vol(5)210.10K
Vol(50)176.72K