HIGHPEAK ENERGY INC (HPK) Stock Technical Analysis
NASDAQ:HPK - Nasdaq - US43114Q1058 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to HPK. In the past year, HPK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, HPK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HPK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.65
We found 2 important support areas.
- A support zone ranging from 10.75 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.75 to 9.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.76 to 11.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.89 from a trend line in the weekly time frame.
- Resistance @15.51 from a horizontal line in the daily time frame.
- Resistance @15.90 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 | NEUTRAL | NEUTRAL | The long term trend for HPK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HPK is up. |
| ChartMill Relative Strength | 19.35 | NEGATIVE | HPK has a low relative strength, it was outperformed by 80.65% 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) | UP | POSITIVE | The current price of HPK is above the rising 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) | 61.33 | NEUTRAL | The RSI value for HPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests HPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80 | OVERBOUGHT | The high Stochastics value suggests HPK may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for HPK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for HPK suggests a strong trend. |
NASDAQ:HPK (6/23/2025, 12:03:41 PM)
11.11
-0.37 (-3.22%)