HIGHPEAK ENERGY INC (HPK) Stock Technical Analysis
USA - NASDAQ:HPK - US43114Q1058 - Common Stock
Taking everything into account, HPK scores 0 out of 10 in our technical rating. HPK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
5.83
We can see 5 important resistance areas.
- A resistance zone ranging from 6.00 to 6.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.34 to 6.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.80 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.34 from a horizontal line in the daily time frame.
- Resistance @8.54 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 | 6.47 | NEGATIVE | HPK has a low relative strength, it was outperformed by 93.53% 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) | 40.97 | NEUTRAL | The RSI value for HPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HPK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.44 | NEUTRAL | The Stochastics value for HPK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for HPK suggests high volalility. |
| Average Directional Index/ADX (14) | 16.49 | NEGATIVE | The low ADX value for HPK suggests a weak or negative trend. |
5.89
-0.1 (-1.67%)
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 40.9694. This indicates that the stock is currently neutral.
What is the MACD signal for HIGHPEAK ENERGY INC (HPK) stock?
The MACD indicator for HIGHPEAK ENERGY INC (HPK) has a value of -0.0202578, 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.