HIGHPEAK ENERGY INC (HPK) Technical Analysis
NASDAQ:HPK • US43114Q1058
Current stock price
HPK Technical Rating and Analysis
Taking everything into account, HPK scores 4 out of 10 in our technical rating. HPK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- HPK is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 68% are performing better than HPK.
- HPK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- HPK has an average volume of 1094560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, HPK outperforms 59% of them, which is more or less in line with the market.
- In the last month HPK has a been trading in the 5.08 - 7.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
5.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.92 to 5.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.34 to 5.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @6.20 from a horizontal line in the daily time frame.
- Resistance @6.58 from a trend line in the weekly time frame.
- Resistance @7.11 from a horizontal line in the weekly time frame.
- Resistance @7.35 from a trend line in the daily time frame.
- Resistance @7.48 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for HPK is neutral. |
| ChartMill Relative Strength | 59.34 | NEUTRAL | HPK is not amongst the best or worst performers 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) | 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) | 50.53 | NEUTRAL | The RSI value for HPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HPK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.55 | NEUTRAL | The Stochastics value for HPK is a neutral value. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for HPK suggests high volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for HPK suggests a weak or negative trend. |
HPK Chart- and CandleStick Pattern Analysis
HPK Technicals: Chart, Performance Metrics, Trend & Indicators
6.19
+0.13 (+2.15%)
HIGHPEAK ENERGY INC / HPK TA FAQ
What is the ChartMill technical rating of HIGHPEAK ENERGY INC (HPK) stock?
ChartMill assigns a technical rating of 4 / 10 to HPK.
Can you provide the trend direction for HIGHPEAK ENERGY INC?
The current trend direction for HIGHPEAK ENERGY INC (HPK) is Bearish.
Can you provide the RSI signal for HIGHPEAK ENERGY INC?
HIGHPEAK ENERGY INC (HPK) has an RSI value of 50.5338. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HIGHPEAK ENERGY INC?
The MACD indicator for HIGHPEAK ENERGY INC (HPK) has a value of -0.103072, indicating a bearish trend.
What is the short term momentum for HPK stock?
The short term momentum for HIGHPEAK ENERGY INC (HPK) is neutral.