We assign a technical rating of 0 out of 10 to HPK. HPK'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 technical rating of HPK 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
4.21
We can see 3 important resistance areas.
- Resistance @6.28 from a trend line in the daily time frame.
- Resistance @6.66 from a trend line in the daily time frame.
- Resistance @7.78 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 | DOWN | NEGATIVE | The short term trend for HPK is down. |
| ChartMill Relative Strength | 4.79 | NEGATIVE | HPK has a low relative strength, it was outperformed by 95.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HPK is below a declining 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) | 28.84 | OVERSOLD | The low RSI value suggests HPK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests HPK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.34 | OVERSOLD | The low Stochastics value suggests HPK may be oversold. |
| Average True Range in percent/ATR (20) | 9.39 | HIGH VOLATILITY | The high ATR as a percentage value for HPK suggests high volalility. |
| Average Directional Index/ADX (14) | 31.63 | POSITIVE | The high ADX value value for HPK suggests a strong trend. |
4.25
-0.14 (-3.19%)
HIGHPEAK ENERGY INC / HPK FAQ
What is the ChartMill technical rating of HIGHPEAK ENERGY INC (HPK) stock?
ChartMill assigns a technical rating of 0 / 10 to HPK.
What is the trend direction for HPK stock?
The current trend direction for HIGHPEAK ENERGY INC (HPK) is Bearish.
What is the RSI signal for HIGHPEAK ENERGY INC (HPK) stock?
HIGHPEAK ENERGY INC (HPK) has an RSI value of 28.8407. This indicates that the stock is currently oversold.
What is the MACD signal for HIGHPEAK ENERGY INC (HPK) stock?
The MACD indicator for HIGHPEAK ENERGY INC (HPK) has a value of -0.154304, indicating a bearish trend.
What is the buy/sell signal for HIGHPEAK ENERGY INC (HPK) stock?
The buy/sell signal for HIGHPEAK ENERGY INC (HPK) is sell as both the short term and long term trends are negative.