HALLADOR ENERGY CO (HNRG) Technical Analysis
NASDAQ:HNRG • US40609P1057
Current stock price
HNRG Technical Rating and Analysis
Taking everything into account, HNRG scores 1 out of 10 in our technical rating. HNRG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- HNRG is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 68% of 20 stocks in the same industry do better.
- In the last month HNRG has a been trading in the 15.40 - 20.67 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, HNRG turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- HNRG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HNRG is lagging the market slightly.
HNRG Weekly and Daily overview Charts
HNRG Setup Rating and Analysis
The technical rating of HNRG 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.
More info and screens
HNRG Support and Resistance Analysis
14.13
We found 2 important support areas.
- Support @16.74 from a horizontal line in the weekly time frame.
- Support @14.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.44 to 18.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.68 from a trend line in the daily time frame.
- Resistance @20.62 from a horizontal line in the daily time frame.
HNRG 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 | NEUTRAL | NEUTRAL | The long term trend for HNRG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HNRG is down. |
| ChartMill Relative Strength | 67.09 | NEUTRAL | HNRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HNRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HNRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HNRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.85 | NEUTRAL | The RSI value for HNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests HNRG has a negative trend. |
| Stochastics (14,3) | 20.47 | NEUTRAL | The Stochastics value for HNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for HNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for HNRG suggests a weak or negative trend. |
HNRG Chart- and CandleStick Pattern Analysis
HNRG Technicals: Chart, Performance Metrics, Trend & Indicators
16.75
+0.78 (+4.88%)
HALLADOR ENERGY CO / HNRG TA FAQ
What is the technical rating for HNRG stock?
ChartMill assigns a technical rating of 1 / 10 to HNRG.
Can you provide the trend direction for HALLADOR ENERGY CO?
The current trend direction for HALLADOR ENERGY CO (HNRG) is Bearish.
What is the RSI signal for HALLADOR ENERGY CO (HNRG) stock?
HALLADOR ENERGY CO (HNRG) has an RSI value of 38.8464. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HALLADOR ENERGY CO?
The MACD indicator for HALLADOR ENERGY CO (HNRG) has a value of -0.257059, indicating a bearish trend.