HALLADOR ENERGY CO (HNRG) Stock Technical Analysis
USA - NASDAQ:HNRG - US40609P1057 - Common Stock
19.14 USD
+0.02 (+0.1%)
18.75 USD
-0.39 (-2.04%)
Overall HNRG gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HNRG is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by HNRG over the past year are nicely spread over this period.
HNRG is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry. HNRG outperforms 89% of them.
HNRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HNRG is lagging the market slightly.
In the last month HNRG has a been trading in the 16.08 - 20.05 range, which is quite wide. It is currently trading near the high of this range.
Although HNRG has an excellent technical rating, the quality of the presented setup is not ideal 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
11.61
19.38
We found 6 important support areas.
- A support zone ranging from 18.68 to 19.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.58 from a trend line in the daily time frame.
- Support @15.37 from a trend line in the daily time frame.
- Support @15.02 from a horizontal line in the daily time frame.
- Support @14.65 from a horizontal line in the daily time frame.
- Support @11.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @19.19 from a trend 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 HNRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HNRG is up. |
| ChartMill Relative Strength | 93.07 | POSITIVE | HNRG has a high relative strength, it outperformed 93.07% 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) | 61.84 | NEUTRAL | The RSI value for HNRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HNRG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for HNRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for HNRG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.45 | NEUTRAL | The ADX value for HNRG suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 19.20 | 18.67 | 0.53 (2.76%) | 25.00% |
| An entry @19.20. This is a Buy Stop order right above the resistance zone. | An exit @18.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.53 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HNRG. Please evaluate whether better entry and exit points can be found.
- 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.
19.14
+0.02 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.1%
1 Week-1.8%
2 Weeks7.83%
1 Month16.85%
3 Month24.77%
6 Month53%
12 Month97.32%
2 Year32.73%
3 Year240.57%
5 Year2836.03%
10 Year175.4%
15 Year64.57%
Volatility
ATR(14)0.84
ATR(20)%4.04%
ATR Inc35.75%
Range Today0.77
ADR(20)0.75
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.07
Mansfield2.51
10 Day High20.05
10 Day Low17.94
20 Day High20.05
20 Day Low16.08
52 Week High22.01
52 Week Low8.13
CS1 End19.13
CR1 Start19.19
Volume & EV
DER(3)-0.19%
DER(5)-1.61%
Volume654.40K
Volume Incr20.96%
Vol(5)584.74K
Vol(50)691.74K