HEMPACCO CO INC (HPCO) Stock Technical Analysis
NASDAQ:HPCO - US42371L2051 - Common Stock
0.6201 USD
-0.05 (-7.46%)
0.5581 USD
-0.06 (-10%)
We assign a technical rating of 1 out of 10 to HPCO. HPCO'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% of all other stocks performed better in the past year than HPCO.
HPCO is part of the Tobacco industry. There are 8 other stocks in this industry, of which 100% are performing better than HPCO.
HPCO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month HPCO has a been trading in the 0.46 - 0.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HPCO 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
0.61
0.73
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.70 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 HPCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HPCO is neutral. |
| ChartMill Relative Strength | 3.63 | NEGATIVE | HPCO has a low relative strength, it was outperformed by 96.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HPCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.88 | NEUTRAL | The RSI value for HPCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HPCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.68 | NEUTRAL | The Stochastics value for HPCO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.41 | HIGH VOLATILITY | The high ATR as a percentage value for HPCO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for HPCO suggests a weak or negative 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)
0.6201
-0.05 (-7.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg-7.46%
1 Week-15.95%
2 Weeks-11.41%
1 Month17.04%
3 Month-31.1%
6 Month-69.6%
12 Month-83.81%
2 Year-97.24%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%13.41%
ATR Inc41.01%
Range Today0.15
ADR(20)0.08
ADR(20)%13.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.63
Mansfield-7.66
10 Day High0.78
10 Day Low0.55
20 Day High0.78
20 Day Low0.46
52 Week High5.41
52 Week Low0.46
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)-8.57%
DER(5)-15.69%
Volume293.90K
Volume Incr32.02%
Vol(5)76.34K
Vol(50)41.20K