HALLADOR ENERGY CO (HNRG) Stock Technical Analysis
USA - NASDAQ:HNRG - US40609P1057 - Common Stock
Taking everything into account, HNRG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HNRG is showing a nice and steady performance.
Besides having an excellent technical rating, HNRG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.43, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.15 to 19.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.73 from a trend line in the daily time frame.
- Support @14.65 from a horizontal line in the daily time frame.
- Support @12.13 from a trend line in the weekly 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 HNRG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HNRG is neutral. |
| ChartMill Relative Strength | 93.64 | POSITIVE | HNRG has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HNRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HNRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HNRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for HNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests HNRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.76 | NEUTRAL | The Stochastics value for HNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for HNRG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.98 | NEUTRAL | The ADX value for HNRG suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.45 | 19.14 | 3.31 (14.74%) | 6.78% |
| An entry @22.45. This is a Buy Stop order right above the 10 day high. | An exit @19.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.31 points, which is 14.74%. | When investing 6.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.63
+0.79 (+3.98%)
HALLADOR ENERGY CO / HNRG FAQ
What is the technical rating for HNRG stock?
ChartMill assigns a technical rating of 10 / 10 to HNRG.
What is the trend direction for HNRG stock?
The current trend direction for HALLADOR ENERGY CO (HNRG) is Bullish.
What is the RSI signal for HALLADOR ENERGY CO (HNRG) stock?
HALLADOR ENERGY CO (HNRG) has an RSI value of 58.0382. 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 -0.134154, indicating a bearish trend.
What is the support and resistance level for HNRG stock?
HALLADOR ENERGY CO (HNRG) has a support level at 19.43. Check the full technical report for our detailed analysis of HNRG support and resistance levels.