HORIZON PETROLEUM LTD (HPL-H.CA) Technical Analysis
TSX-V:HPL-H • CA44053J4090
Current stock price
HPL-H.CA Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 96% of 210 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that HPL-H is one of the better performing stocks in the market, outperforming 98% of all 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 trading in the upper part of its 52 week range, so HPL-H is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
HPL-H.CA Weekly and Daily overview Charts
HPL-H.CA Setup Rating and Analysis
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.
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HPL-H.CA Support and Resistance Analysis
0.12
We found 1 important support 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.
When analyzing the resistance we notice one important 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.
HPL-H.CA 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 | 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. |
HPL-H.CA Chart- and CandleStick Pattern Analysis
HPL-H.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:HPL-H (3/12/2025, 7:00:00 PM)
0.125
-0.01 (-3.85%)
HORIZON PETROLEUM LTD / HPL-H.CA TA FAQ
Can you provide the ChartMill technical rating for HORIZON PETROLEUM LTD?
ChartMill assigns a technical rating of 3 / 10 to HPL-H.CA.
What is the current trend direction of HORIZON PETROLEUM LTD (HPL-H.CA) stock?
The current trend direction for HORIZON PETROLEUM LTD (HPL-H.CA) is Bearish.
What is the RSI signal for HORIZON PETROLEUM LTD (HPL-H.CA) stock?
HORIZON PETROLEUM LTD (HPL-H.CA) has an RSI value of 32.5781. This indicates that the stock is currently neutral.
What is the buy/sell signal for HPL-H stock?
The buy/sell signal for HORIZON PETROLEUM LTD (HPL-H.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for HORIZON PETROLEUM LTD (HPL-H.CA) stock?
HORIZON PETROLEUM LTD (HPL-H.CA) has a support level at 0.12 and a resistance level at 0.14. Check the full technical report for our detailed analysis of HPL-H.CA support and resistance levels.