HEMPACCO CO INC (HPCO) Technical Analysis
NASDAQ:HPCO • US42371L2051
Current stock price
HPCO Technical Rating and Analysis
Overall HPCO gets a technical rating of 1 out of 10. HPCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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 one of the lesser performing stocks in the Tobacco industry. 100% of 8 stocks in the same industry do better.
- 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.
HPCO Weekly and Daily overview Charts
HPCO Setup Rating and Analysis
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
HPCO Support and Resistance Analysis
0.61
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.
HPCO 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 | 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. |
HPCO Chart- and CandleStick Pattern Analysis
HPCO Technicals: Chart, Performance Metrics, Trend & Indicators
0.6201
-0.05 (-7.46%)
HEMPACCO CO INC / HPCO TA FAQ
What is the ChartMill technical rating of HEMPACCO CO INC (HPCO) stock?
ChartMill assigns a technical rating of 1 / 10 to HPCO.
What is the current trend direction of HEMPACCO CO INC (HPCO) stock?
The current trend direction for HEMPACCO CO INC (HPCO) is Bearish.
Can you provide the RSI signal for HEMPACCO CO INC?
HEMPACCO CO INC (HPCO) has an RSI value of 39.8753. This indicates that the stock is currently neutral.
What is the MACD signal for HPCO stock?
The MACD indicator for HEMPACCO CO INC (HPCO) has a value of 0.00204037, indicating a bearish trend.
What are the support and resistance levels for HEMPACCO CO INC (HPCO) stock?
HEMPACCO CO INC (HPCO) has a resistance level at 0.7. Check the full technical report for our detailed analysis of HPCO support and resistance levels.