HIGHPEAK ENERGY INC (HPK) Technical Analysis
NASDAQ:HPK • US43114Q1058
Current stock price
HPK Technical Rating and Analysis
Taking everything into account, HPK scores 6 out of 10 in our technical rating. In the past year, HPK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- HPK is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 74% are performing better than HPK.
- The long term trend is still neutral, 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 4.76 - 6.99 range, which is quite wide. It is currently trading near the high of this range.
- HPK has an average volume of 1058430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, HPK turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- HPK is currently trading in the middle 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 slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HPK Weekly and Daily overview Charts
HPK Setup Rating and Analysis
HPK has an average technical rating and it also does not offer a high 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
HPK Support and Resistance Analysis
5.45
2 important support areas can be observed.
- A support zone ranging from 5.70 to 5.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.51 to 5.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.83 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
HPK 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 | 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 | 67.06 | NEUTRAL | HPK is not amongst the best or worst performers 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) | 70.12 | OVERBOUGHT | The high RSI value suggests HPK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HPK has a positive trend. |
| Stochastics (14,3) | 92.55 | OVERBOUGHT | The high Stochastics value suggests HPK may be overbought. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for HPK suggests high volalility. |
| Average Directional Index/ADX (14) | 28.7 | POSITIVE | The high ADX value value for HPK suggests a strong trend. |
HPK Chart- and CandleStick Pattern Analysis
HPK Technicals: Chart, Performance Metrics, Trend & Indicators
6.82
-0.05 (-0.73%)
HIGHPEAK ENERGY INC / HPK TA FAQ
What is the ChartMill technical rating of HIGHPEAK ENERGY INC (HPK) stock?
ChartMill assigns a technical rating of 6 / 10 to HPK.
Can you provide the trend direction for HIGHPEAK ENERGY INC?
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 70.1168. This indicates that the stock is currently overbought.
What is the short term momentum for HPK stock?
The short term momentum for HIGHPEAK ENERGY INC (HPK) is positive.