HIGHPEAK ENERGY INC (HPK) Stock Technical Analysis
NASDAQ:HPK - Nasdaq - US43114Q1058 - Common Stock - Currency: USD
Overall HPK gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. HPK was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, HPK is a bad performer in the overall market: 89% of all stocks are doing better.
HPK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 76% of 213 stocks in the same industry do better.
HPK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HPK is lagging the market.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month HPK has a been trading in the 7.87 - 10.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HPK has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
9.04
16.12
We found 2 important support areas.
- A support zone ranging from 9.60 to 9.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 9.90 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.31 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.75 from a trend line in the daily time frame.
- Resistance @14.08 from a trend line in the weekly time frame.
- Resistance @14.55 from a trend line in the daily time frame.
- Resistance @15.51 from a horizontal line in the daily time frame.
- Resistance @15.96 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 | DOWN | NEGATIVE | The long term trend for HPK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPK is up. |
| ChartMill Relative Strength | 11.67 | NEGATIVE | HPK has a low relative strength, it was outperformed by 88.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HPK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HPK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HPK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.01 | NEUTRAL | The RSI value for HPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests HPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.3 | NEUTRAL | The Stochastics value for HPK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for HPK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for HPK 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)
9.89
-0.08 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.8%
1 Week8.21%
2 Weeks-0.3%
1 Month18.3%
3 Month-23.45%
6 Month-34.37%
12 Month-37.33%
2 Year-19.85%
3 Year-68.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.9%
ATR Inc-32.99%
Range Today0.35
ADR(20)0.43
ADR(20)%4.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.67
Mansfield-2.89
10 Day High10.25
10 Day Low8.87
20 Day High10.78
20 Day Low7.87
52 Week High17.48
52 Week Low7.82
CS1 End9.64
CR1 Start9.9
Volume & EV
DER(3)-2.21%
DER(5)-1.22%
Volume399.20K
Volume Incr-20.81%
Vol(5)299.88K
Vol(50)346.00K