HORIZON PETROLEUM LTD (HPL-H.CA) Stock Technical Analysis
TSX-V:HPL-H - TSX Venture Exchange - CA44053J4090 - Common Stock - Currency: CAD
Overall HPL-H gets a technical rating of 3 out of 10. Although HPL-H is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month HPL-H has a been trading in the 0.11 - 0.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
HPL-H is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. HPL-H outperforms 99% of them.
Looking at the yearly performance, HPL-H did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HPL-H is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HPL-H is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of HPL-H 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
0.12
0.14
When analyzing the support we notice one important area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 HPL-H.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HPL-H.CA is down. |
| ChartMill Relative Strength | 98.53 | POSITIVE | HPL-H.CA has a high relative strength, it outperformed 98.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HPL-H.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HPL-H.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HPL-H.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.58 | NEUTRAL | The RSI value for HPL-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HPL-H.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.76 | OVERSOLD | The low Stochastics value suggests HPL-H.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.2 | HIGH VOLATILITY | The high ATR as a percentage value for HPL-H.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.02 | POSITIVE | The high ADX value value for HPL-H.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:HPL-H (3/12/2025, 7:00:00 PM)
0.125
-0.01 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.85%
1 Week-13.79%
2 Weeks-10.71%
1 Month-39.02%
3 Month-3.85%
6 Month0%
12 Month400%
2 Year56.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.2%
ATR Inc29.63%
Range Today0.02
ADR(20)0.01
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.53
Mansfield-0.22
10 Day High0.15
10 Day Low0.11
20 Day High0.22
20 Day Low0.11
52 Week High0.25
52 Week Low0.02
CS1 End0.12
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)0%
Volume93.00K
Volume Incr-61.23%
Vol(5)77.36K
Vol(50)200.52K